Good morning all,
I'm guessing we may see some price action soon here as we come out of the 30 minute cloud. I'm posting a small lesson on MACD to show one confluent reason why I think BTC will jump to 6300-6400 (6540 MAX) then get rejected. My guess is that the IHS will still fail and possibly result in quite a dip in price. If this occurs, at some point we will be testing the 10k lid in the high to mid 5 thousands. We will see!
I'm guessing we may see some price action soon here as we come out of the 30 minute cloud. I'm posting a small lesson on MACD to show one confluent reason why I think BTC will jump to 6300-6400 (6540 MAX) then get rejected. My guess is that the IHS will still fail and possibly result in quite a dip in price. If this occurs, at some point we will be testing the 10k lid in the high to mid 5 thousands. We will see!
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Here is a screenshot, obviously my post didnt turn out the way I wanted.
