DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
I'm waiting for it, but I feel that 47k it is a target to be achieved before the drop.
Observe that between the charts of 1/3/5/15/30 minutes, looks like that the jump to hit down levels mate. 46200/46500/46730.
I feel that 46900/47000 are the final break to allow the retracement. There is a battle between buyers and sellers indeed xD
go8686
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@GodVault, The whole crypto market is very hot.
There may be another pulse to touch 47k today, if it can maintain the channel till Asian wakes up. There is another possibility that Bitcoin just have a breakout of this range and do another 5% pump.
GodVault
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@go8686, Indeed but still all caution is needed. Right now the charts for 1/3/5/15/30 dictate the moves xD
Observe that between the charts of 1/3/5/15/30 minutes, looks like that the jump to hit down levels mate. 46200/46500/46730.
I feel that 46900/47000 are the final break to allow the retracement. There is a battle between buyers and sellers indeed xD