TBTS

the 10k or 30k bitcoin debate

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
how both sides see it.

we are currently sandwiched in a range of historical resistance/support flips - the initial 10k resistance flipped support for the bullrun, and the level that held price to ATH now flipped resistance.

bears are aiming for a retest of this area near 10k
bulls are aiming for a retest of the area near 30k
...both are probable

thus far we are unable to break the .75 of the range to 30k with 2 decent rejections.
as the .25 was front ran there is a likely chance we swoop the 15k level.
losing the .25 would most likely open the doors to 10k for a retest of the demand zone that confirmed the covid bullrun
likewise holding the .5 here with the obvious ih&s pattern could see the .75 claimed with the 30k target activated.
Комментарий:
i got slagged off for this post in a telegram chat casue people simply dont understand level to level trading.

...and we went 0.5 --> 0.625

Комментарий:
we approach the hammer zone...
Комментарий:
all levels respected over and over
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