It's very nice how $9K is holding (for now) and people don't give a shit about it anymore. Slowly stepping and maintaining price without any FOMO signs sounds great. Even a little retrace would not do any harm right now.
While holding $9000 is welcome the daily BBands are sloping up so many traders are going to be looking to buy if price drops to the middle BBand at $8900.
Which basically "confirms" there is good buying support for a little retrace. And probably even more support for a bigger one. Also it is not as if sellers were pilling up to sell. Much the contrary.
I want to see the price over $10K as much as everyone else... but I love how smoothly the price is rising step by step and doing the proper retests.
Looks good so far.
Boring is best. A little more time to establish support at 7900 might be needed. ..then a few months to get back through 9xxx. would be the most sustainable way forward. Another spike like last Jun/Sep would not be a good sign.
10500 is the first real resistance, and it needs to be taken real slow. So far, so good.
Though.... to visit 7900 etc isnt really that necessary imo, and a spike isnt the worst as well, if it goes hard forward to dip back lower then thats just how the market goes.... if
We go steady just the same
...
all just different paths leading to a same point.....