BTC Time to take a breather

Consolodation Period to come.

To Know what is to come it is prudent to refer to the past.

Last time we made a big pull back after making a new all time high we needed to consolodated before we could make new highs. This is not unusual and was expected if you refer to my origional commentary. This usually comes about due to double top callers. I personally think that double tops are a fallacy more times than not because if DTs were a real thing, then we would never make new highs.

I am confident that we will break all time highs within 10 days and will comfortably meet our TP3 to complete this $1200 trade.

I look to reload my positions as previously stated $4600 will likely be the lowest point of entry.

Congrats if youve come this far please feel free to refer to the origional idea linked below.

Please continue to manage your own Risk and reward.

Best,

filbfilb

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We are approaching previous levels of resistance - it will be interesting to see what will occur here. if you arent long right now i wouldnt recommend going long, but consider it if we make a break for it.

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Well, we broke out. Hope you enjoyed the ride.