BTC Cool Off -- Short Term
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BTC has had a epic run this year and iv no doubt next year will be another outstanding year for BTC and Cryptocurrency market in general.
A healthy pullback for BTC will be a re-test of its 100 day MA (moving average) and finding support on its main trend line. This will give us a nice re-buy opportunity or accumulation opportunity in the 9500- 10500 range heading into the new year.
At the moment BTC is still holding support around the 11700 range and if this level breaks i would be looking for a buy back in the ranges mentioned above.
A healthy pullback for BTC will be a re-test of its 100 day MA (moving average) and finding support on its main trend line. This will give us a nice re-buy opportunity or accumulation opportunity in the 9500- 10500 range heading into the new year.
At the moment BTC is still holding support around the 11700 range and if this level breaks i would be looking for a buy back in the ranges mentioned above.
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THE honey Badger strikes again.. Market looking bullish now as we broke downtrend line and rumours of ETF are circulating
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