I've been unreasonably bullish and I'll be it again!
My main idea has been that we'd revisit $10300 sooner or later, clear some levels down there and begin to continue our move upwards. Well, $10300 came, we dipped below and had ourselves a nice little price negotiation.
I'm satisfied now.
While I guess, breaking $11250 will be a bit of a challenge (time for bulls to proof themselves) my main focus is primarily what price action will be like at 12k.
Ideally we see a nice move upwards from somewhere around here with some Volume to back it and then a gradual climb towards 12k. I would imagine we get rejected on our first try. But what comes after that is in my opinion of significant importance. I could imagine a massive move from 12K to 13K if the bulls come through. Some consolidation afterwards. And if the upper 12K area can be defended, that would be a hugely bullish going forward.
Depending on how fast this all plays out we could close the year close to 20k.
That'd be nice.
Be careful out there. Keep it cool & Keep accumulating