Well well we are still up at 41.5K BTC even after getting rejected trying to break the 42K resistance...that is a bullish signal. But in 4-5 hours we might close the CME gap and if we do that means a drop back to 40.5K BTC. So the big question tonight will be...will we close the CME gap and bounce back to 41.5K before I wake up...will we not close the CME gap at all and keep crabbing 🦀 🦀 sideways...or do I wake up at 39K Have a good night you all and fingers crossed. #crypto #bitcoin #btc #cmegap
4 comments
42K was broken today.
Broken, rejected and then 3 times was a charm broken again and not yet rejected. That is so nice for a Monday 😊
43k is not far off, but I'm waiting for strong NFT sales (my own indicator) day after day for a real rally period. I think we are all a bit scarred by last crash so I won't believe the climb to 65k until I see it.
Definitely a lot of scares causing this slow uptrend, but regaining the 42K support level was key to show a trend reversal. We did not have a pump upwards like this since the crash. But I myself will not feel comfy till we break that 50K again.