If any technical traders out there are looking at BTC, what do you see? I am not a technical trader, though I do know some of the patterns and retracement levels.
To me it looks like it tested 5500 two times but got rejected. Furthermore, it now looks like a W, so that we can (technically) expect BTC to go up again, unless we have to test level 5500 again.
What do you see?
Without any technical analysis you can tell that we are entering a new hpsae of bull market because of the fact that bitcoin essentially got pumped like 15% in total between yesterday and today combined. That wouldn't happen unless a real bull market is happening.
Still a good entry point though. Price isn't $7k yet.
It's guaranteed that price is going to go through $7k(if there aer anything on this world that is guaranteed). You could buy now and rake it a nice $100-200 per coin, even if you're not in btc the long term.