Pullback incoming (9600 GAP possible) and good buy point
BTC made a great run so far, passing the 20k resistance that we wanted from 2017.
It confirms that it will go up beautifully in the long run, but in the short term we need a pullback, those are the reasons why I believe it will pull back.
1)Greed at 76
2)dollar going up
3)stocks going down
4)GAP at 9600
5)weekly RSI is overbought
6)Big sell wall from 11800 to 12k
Please leave your thoughts, I am 100% out waiting to reenter again.
It confirms that it will go up beautifully in the long run, but in the short term we need a pullback, those are the reasons why I believe it will pull back.
1)Greed at 76
2)dollar going up
3)stocks going down
4)GAP at 9600
5)weekly RSI is overbought
6)Big sell wall from 11800 to 12k
Please leave your thoughts, I am 100% out waiting to reenter again.
