Yrat

possible BTC bull pennant

Yrat Uppdaterad   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
lots of eyes currently on BTC after such a strong and significant move through $5k. not much pull-back after this rise, which increasingly suggests the move is not over yet. possible formation of a strong bull pennant also suggests further upward moves. lots of chatter on the internet expressing predictions of $6k+ BTC with suggestions of a run up close to $10k... bullish sentiment everywhere. strong possibility of FOMO on additional upwards moves.

alt-coins have become extremely sensitive to recent btc moves, both up and down. look for opportunities to continue shorting alts if/when btc turns upwards for additional runs. make sure to stay heavy in btc , as it could possibly run up to $8-9k more quickly than you might expect.
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potential breakout to the upside, but seems to be stalling a bit at the resistance line. we should know one way or another by later this morning.
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