The resistance (8810) on my previous idea has been broken. THIS IS NOW A LONG PLAY. ALL SHORTS MUST BE CLOSED. I BELIEVE THIS IS THE BIG MOVE THAT'S HAPPENING. THIS IS VERY LIKELY GOING TO 10500 FROM HERE. A BIG MOVE UP TO 9400 MAKES IT INCREDIBLY MORE LIKELY. I BELIEVE 9600 IS NEXT VERY VERY QUICKLY. I BELIEVE THE BULL RUN IS HAPPENING BEFORE OUR EYES. A MOVE ABOVE 9400 = 12,000
Recap of previous idea:
BITCOIN IS LIKELY TO REMAIN BULLISH UNTIL AT LEAST 04:00 UTC TOMORROW. I believe 9400 is possible. A move above 8810 will shoot it higher.
Once the price breaks above support, a stop should be put in profit / trailed. The price likes to swing 100 points above support and then make a 200 point swing below support before moving up again.
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I or f the price breaks below 8800, wait until 20:00 to long again
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Comment: IF the price breaks below 8800, wait until 20:00 to long again
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I closed my trade in profit. I believe it could remain bullish until daily open, but I was happy with my profit. Good luck
Reminder, I am a scalp trader. I am not a swing trader. I usually trade at 25x.