There are levels to this. End of story. In every epic ascension there are levels to it. BTC is no different. These levels may be expedited and bullish or bearish but they can be monitored very simply.
As you can see BTC broke out last night and has been trending heavily bullish. It seems to be taking $150 leg ups before consolidating before another major move. Until it breaks this pattern I would role with it full force.
Each level requires minor consolidating before pushing through resistance and flipping it into support. Notice how there is a level right about $8000 and the next major one will be above $8400? There are reasons to the choice of consolidation dollar amount. It's once resistance is broken BTC consolidates before the next major move. I wouldn't have expected this type of bullish momentum but there are multiple contributing factors. Regardless of factors trade the sentiment and trade the trends (charts).
Currently the halving is 12 days away and Lebanon's government (along with others) are in total collapse. The U.S. economy along with the world's biggest are all pumping and printing unlimited currency. This is the time for BTC to shine. Central banks printing funds causing hyperinflation while stores of value appreciate.
As you can see BTC broke out last night and has been trending heavily bullish. It seems to be taking $150 leg ups before consolidating before another major move. Until it breaks this pattern I would role with it full force.
Each level requires minor consolidating before pushing through resistance and flipping it into support. Notice how there is a level right about $8000 and the next major one will be above $8400? There are reasons to the choice of consolidation dollar amount. It's once resistance is broken BTC consolidates before the next major move. I wouldn't have expected this type of bullish momentum but there are multiple contributing factors. Regardless of factors trade the sentiment and trade the trends (charts).
Currently the halving is 12 days away and Lebanon's government (along with others) are in total collapse. The U.S. economy along with the world's biggest are all pumping and printing unlimited currency. This is the time for BTC to shine. Central banks printing funds causing hyperinflation while stores of value appreciate.