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Be patient to be able to trust BTC to have a new ATH $70/80/120K

Giá lên
COINBASE:BTCUSD   Bitcoin
#BTC_W

Today BTC closed the weekly candlestick with a bullish candle with a long real body and the same volume as last week. Confirm that the weekly Decline trendline has been broken.

BTC is in an important resistance area, here will be a challenge for BTC because this area has a lot of people wanting to Sell because it peaked in the period of March-April 2021. Any profit taking during this time could lead to a 10-25% BTC Dump.

With the current trend, BTC is still tilted to the Bullish direction. It is possible to break the old top of 64K this week or next, then there may be a correction on the 3-4 week frame.

Currently, after breaking through the resistance of $59,000 - $60,000, this morning BTC corrected to retest this area, then bounced back strongly showing that there is still strong buying pressure.

Dom BTC continues to close the beautiful Week candle, capitalization continues to be poured into BTC. It will be very difficult for Altcoins if Dom BTC breaks out 48% and activates the double bottom pattern to rise to 59-60% > BTC Season if taking place will create conditions for ALT Topcap to increase in price.

Dom Altcoin is still in the safe zone, has not broken the Dow zone 13.7 - 13.9%.

The BTC correction scenario remains unchanged, wait for BTC to break the old top and establish a new ATH, right after that there may be a drop in price. (this is the time when ALT can increase very strongly)

Be patient to be able to trust BTC to have a new ATH of $70/80/120K by the end of the year.

TRADE at this time can continue to choose BTC
HOLD Altcoin continues to patiently pick fruit for the end of the year.

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