Sometimes you really need to look at the whole picture. I know many of us have been wishing for another sustained upward trend like we had ending Feb 21st. I think we are going to get it soon. 4h MACD is looking promising. If we hold this region over the next week we'll form a massive channel starting back in December. I see a move to 1.4 then a pullback at least back down to the 90c level. Bitcoin looks bullish in my opinion especially with institutional FOMO and lots of free money floating around. I'm not terribly worried about April inflation. This coin is designed to have inflation and it's likely many early investors are here for the long haul. As long as most of those coins are restaked it shouldn't pose a major issue.
I'm long at the 60c level. A break lower will bring us to the previous high in December. If it does, I'm calling in the Brinks truck. $1.4 is my target and 90c on the way back down is my reentry if I decide the market still has room to run.
I'm long at the 60c level. A break lower will bring us to the previous high in December. If it does, I'm calling in the Brinks truck. $1.4 is my target and 90c on the way back down is my reentry if I decide the market still has room to run.