Everyone is holding out to touch the 200 sma .
The most bitcoin thing to happen here IMO is a sharp drop down to a larger pump up to shakeout as many stop losses as possible.
I could see 10k all next week. Or a week around 8k till we go back up.
Out of trades at the moment pretty sure most stop losess will be hunted this weekend.
OR we are looking at a great opportunity to buy around 6k but I have my doubts.
The most bitcoin thing to happen here IMO is a sharp drop down to a larger pump up to shakeout as many stop losses as possible.
I could see 10k all next week. Or a week around 8k till we go back up.
Out of trades at the moment pretty sure most stop losess will be hunted this weekend.
OR we are looking at a great opportunity to buy around 6k but I have my doubts.