⚡️Gonna be posting more on this later but wanted to post this real quick since I just got off work and am gonna sleep for a bit so had to post it at least. Anyway Bitcoin has managed to face all the pressure that it's been up against and it's managed surprisingly well if we're being honest. We knew the MAIN wedge entry was gonna be tough and yet Bitcoin seems to be managing pretty well with things as it is.
⚡️Not to mention those 20/50 EMA's look pretty good and don't seem to pose any risk of flipping, not soon at least unless we get some drastic selling hit us though still it's pretty bullish to see all of this, not to mention all that green. We mainly want to hold above the MAIN wedge for now and that'll be our next challenge/step as we draw closer and closer each day to reverting back to those big numbers we love oh so much.
⚡️But before I ended the idea I did want to caution you guys to really watch those EMA's and what happens here as whales usually like to pull a quick one on us at these points sometimes as we've already seen based on past price action and they'll usually cause mountain falls at these points and even sell off's to some extent, so that is a real possibility I want you guys to note. You already know this mountain cannot simply go up and up, it'll have to fall at some point before our next step up so be ready because at some point we're gonna see some retracement and considering the fact we have yet to really see it, when we do it could be pretty strong but not enough to pull us all the way back down in my personal opinion.
⚡️Gonna leave the idea here for now since I'll be posting later anyway when I wake up but if you'd like to leave a like or follow it'd be much appreciated, thank you guys so much for everything and wishing nothing but the best! Always be sure to do your own DD, and trade responsibly most importantly!
~ Rock '