$BTC

BIG PUMP TO 92 000$ ??

Everyone is scared as price looks ready to make a new low. However, this might just be a trap. The ascending channel structure forming on the daily chart is holding so far. And even if price had to eventually crash, we'd likely still have a small pullback to 92k before that happens. On the 4-hour chart, price has been ranging for the last 48 hours, with price staying above 89k most of the time. A quick wick to 88k is still possible but I'm leaning bullish because of this daily ascending channel on both and $ETH .

I am NOT shorting this dip, that's for sure.

#CPIWatch #BTC