BTC ANALYSIS
BTC just broke its trendline and is now consolidating near the 60k-61k zone.
The first possible move is to consolidate in this zone and then rise towards its ATH after accumulation is complete.
The second option is to take a liquidity dip into 58.5k-57.5k and then bounce back towards the ATH.
If you look closely at the chart, you can see that BTC is going to enter the Ichimoku Cloud, which indicates that consolidation is on the way.
In either case, the Alt Coins will benefit.
So its good time to accumulate major ALT's too.
I'd suggest accumulating BTC in parts during consolidation or on a dip.
ALT's that have bottomed out or retraced should also be accumulated.
Dollar Cost Averaging would be the best technique in order to invest now.
The first possible move is to consolidate in this zone and then rise towards its ATH after accumulation is complete.
The second option is to take a liquidity dip into 58.5k-57.5k and then bounce back towards the ATH.
If you look closely at the chart, you can see that BTC is going to enter the Ichimoku Cloud, which indicates that consolidation is on the way.
In either case, the Alt Coins will benefit.
So its good time to accumulate major ALT's too.
I'd suggest accumulating BTC in parts during consolidation or on a dip.
ALT's that have bottomed out or retraced should also be accumulated.
Dollar Cost Averaging would be the best technique in order to invest now.
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