Bears getting punked while BTC just reaccumulates again.

BTC appears robust, especially with the 200-day simple moving average (SMA) showing such aggressiveness on the 1-hour chart, provided that the price maintains its position above it. Significant resistance is on the horizon for BTC enthusiasts, a factor that should also prompt caution among altcoin investors. Observing the Relative Strength Index (RSI), it's encouraging to note that bearish momentum was thwarted, with a reset occurring precisely within the bullish control zone (at 40). It's promising to observe that lower time frames suggest an upcoming surge in momentum.

Zlecenie aktywne:

Did not close previous long from a few weeks ago. I'm looking to take some profits at resistance levels unless we smash it and break straight through.