The big boys just pushed the price from 8750 to 9300 within less than 2hours. NO consolidation or sells AT ALL. They pushed about 15 B dollars into the market out of thin air within 2 hours. Which crated a MASSIVE candle that need to be squared up (you can go take a look at the 1minute chart you will see that it ONLY went up).
This move made it break past the 9100 level. Reaching the next level 9300) and push through it. They are trying to get that unsquared up candles on the left (the red ones).
There is 2 possibilities here
1: BTC goes up to 9700 ish (max) and then plummets down, this could be the indication of a MASSIVE reversal (its Wednesday too (best volume day in the market)) All the way down to 8500 area, and if it break through that level like its nothing then we can expect BTC to start dropping HARD. (this possibility is backed by 2 square up candles which is BIG)
2: The big boys keep pushing the price up and they break past 9900 level to go get the 10900 level
I am betting on the #1
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think in the comment.