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- MC:$3.71KHolders:20.78%
- MC:$3.7KHolders:20.02%
- MC:$3.71KHolders:20.04%
- MC:$3.66KHolders:20.09%
- MC:$3.63KHolders:20.00%
$BTC is compressing within a tight range, and we should see a breakout within the next 7 days.
At first, I expected a bearish breakout, but right now it looks more likely that price will move up to take the liquidity around $99,000.
Also the S&P 500 closed at a new ATH yesterday, Silver did the same, and Gold is also close. Money is rotating into assets with upside and Bitcoin is one of the few showing strong potential.
It would be strange to see a bearish breakout here, so I believe the probability of a move higher is greater than a move lower.
Still holding my long position.