BTC price has been up ~7.5% since I entered my long. Currently, it is approaching its strongest resistance zone at $19.2k-$19.8k for the fifth time. This reminds me a lot about the time when BTC was trying to break $4k in 2019. At that time, BTC also struggled at $4k resistance for a while, but when it successfully conquered that level, it didn't look back.
Since this is a very strong resistance, I won't be surprised if BTC price gets rejected several more time at this level. That said, given the current momentum in price, I think we will see BTC above $20k in the next one or two weeks. Those apes who are continuously shorting BTC will provide enough fuel for this rocket to pump to the moon.
Since this is a very strong resistance, I won't be surprised if BTC price gets rejected several more time at this level. That said, given the current momentum in price, I think we will see BTC above $20k in the next one or two weeks. Those apes who are continuously shorting BTC will provide enough fuel for this rocket to pump to the moon.
