Regarding my last update from Feb 24 an upmove was not surpising for me. But i didn´t expect this 1.000 $ moonshot. Is the bear market over now? The bulls took an advantage and "killed" a lot of bears, we broke the strong resistance with a mega candle, but we didn´t neutralize the dump days from nov 18. I think we have to be careful now and should not buy in blindly. I expect a consolidation at the current level and a final upmove with a maximum in the area of 5.600/5.700. After this consolidation time bitcoin will come back to the support level near 4.200 $ and then we have to read the chart again.
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This is not an investment advice, i just want to share my thoughts and strategy with you.
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