Heatrading

BTC Daily consolidation coming

COINBASE:BTCUSD   Bitcoin
BTC has made a new ATH and has more people are coming into the market the prices are not gonna do what everyone expect which would be a straight way up.

Mid term target does not change and i believe BTC will reach the 100k+ by EOY. But for now we probably gonna enter into a consolidation above 58K (spike to 57K possible). MACD is gonna turn red and it would take a lot to reverse it into green.

I see something like a flag forming over the next 10 days, to let the MACD to cool down and regain some momentum and have a buying opportunity.

Let's see how it will plays out but im not expecting much for next week and if im wrong we could always rework the plan.

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