Bulls broke through a major resistance line, the question is can they hold it or will they fall back hard? We have a number of bull signals but also some bearish signals and weaknesses. How does this all stack up? The next few hours will really reveal the answer. Feb 20th I am planning to do a update as I expect this to unfold more clearly tomorrow. Continue to watch for reversal signs or continued break through and confirmation from the bulls.
As I am finishing this upload we are at the 11600 line!
Please watch the previous videos for big picture:
Bitcoin Set to Crash to $6k? Has the BTC Bubble Finally Burst? (this prediction already came true!)
BEWARE! Bitcoin Correction is NOT Over Yet!
Bitcoin Crash Update! – Buyers Are Still Weak, WAIT! – Q/A
Bitcoin Still in Bearish Trend? What is next?
Please NOTE: I am not giving financial advice, I am not recommending, encouraging or discouraging you from investing at this time or any other time. I am only presenting my view of the market based on my experiences which you need to evaluate and make a decision upon that is wise for you.
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