Look at this, this is Bitcoin on the daily timeframe. I will keep it short, sweet and easy.
Bitcoin broke up 22-April and has been sideways since with an upward bent. When Bitcoin is set to drop, it drops the next day.
It has been four days and Bitcoin is going up, no retraces. This indicates that the next move will be a big, very big, green candle. No significant drop so far.
A drop would mean prices moving below 90K. Wicks lower or higher are not relevant and consider noise only. Not a drop nor a rise.
The next major move is up. Bitcoin is going up.
The action on the chart reveals higher prices.
The action coming from the Altcoins market reveals a major advance happening in the coming days.
Four days not lower but higher.
The 2-March high, the highest price since the first drop below 90K has been compromised. There was no strong rejection nor selling pressure.
This is a strong resistance level, $95,000. As soon as it gets conquered, Bitcoin will move straight up to $100,000.
Very easy, simple, short and sweet.
Bitcoin is going up. Buy and hold.
Buy and hold. I repeat.
Orange is the target zone. Short-term. Up next.
Namaste.