Crypto winter finally over? Next stop 12k

Our target of 10.3k was not only hit, but also surpassed with strong volume. We might see a retracement to 10.6k testing the line which prior acted as resistance line and from there on we could go to 12k with the euphoria the market reflects right now.

It looks like the bitcoin dominance should increase for the short-term. I will bring an update on this soon.

Always remember to take some profits along the way, especially when you are trading with leverage.


Happy trading!