Bulls on a Run, Or Dead Cats a Bouncin'!?

Today, as we see green across the board it still doesn’t feel like we’re out of the woods yet. People Across the interwebs are still skeptical BTC will hold its price. With the price back above $11,500 we may have the beginning of a bull run or a “dead cat bounce.” According to the chart we need to see a candle stick close at the $12499.43 price point today. This is set from the 50 percent fib retracement line. The Momentum seems to favor the bulls at the moment but only time will tell. What are your thoughts? Do we see another run up of this 100 day bottom? Or do we see a lack of support and BTC testing the 78.6 percent support level? Is that a buying opportunity at $8668.34? Let us know in the comments below!

Our motto here: Buy dips, sell highs! When everyone is pulling out that’s when we buy. When everyone screaming we’re going to the moon, that’s when we sell. NO FUD, NO FOMO!