BTC Daily consolidation coming
BTC has made a new ATH and has more people are coming into the market the prices are not gonna do what everyone expect which would be a straight way up.
Mid term target does not change and i believe BTC will reach the 100k+ by EOY. But for now we probably gonna enter into a consolidation above 58K (spike to 57K possible). MACD is gonna turn red and it would take a lot to reverse it into green.
I see something like a flag forming over the next 10 days, to let the MACD to cool down and regain some momentum and have a buying opportunity.
Let's see how it will plays out but im not expecting much for next week and if im wrong we could always rework the plan.
Mid term target does not change and i believe BTC will reach the 100k+ by EOY. But for now we probably gonna enter into a consolidation above 58K (spike to 57K possible). MACD is gonna turn red and it would take a lot to reverse it into green.
I see something like a flag forming over the next 10 days, to let the MACD to cool down and regain some momentum and have a buying opportunity.
Let's see how it will plays out but im not expecting much for next week and if im wrong we could always rework the plan.
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