I'll continue to update the same chart. As you can see, the crucial resistance zone at $90,000 wasn't possible to break upwards. Therefore, #Bitcoin had to come back down again to find enough buy pressure on crucial levels: $86,500. That held. It remains to be holiday season, so I'm not expecting much for the coming 1-2 days, but somewhere during the weekend or next week, I think we'll revisit $90,000 and break out upwards. Why? I think commodities are overdue and liquidity will move elsewhere + loosening conditions on the macro economic side of this world. Nasdaq to break to an all-time high and #Bitcoin to go on a run to $100K.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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