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Hello, gentlemen..

Bitcoin still began its rise and with this growth is not so simple. If we proceed from the schedule of the coin, its price should be under strong bearish pressure. But this is not happening. It seems that a third force is involved in supporting the price.  This is investor with very big money who buys BTC, but not above a certain threshold. This investor clearly has great financial opportunities, given that the price of bitcoin is supported on all exchanges. In addition, it is felt that this investor has little time, otherwise he would have just waited a month or two and bought bitcoin at a lower price. This is not a puppeteer trying to make the market move on his terms.  Rather, it is an investor who simply wants to anonymously invest dollars in bitcoin here and now, at the lowest possible price that is today. This is a space for conspiracy theories.

"Bitfinex", timeframe 12 hours.

<img src="https://i.paste.pics/e71a17abbcfae4e2c711e77f3cdb24a8.png" width="1188" height="598" alt="Screenshot">

Lines (1, 2) - the main support and resistance lines.

Lines (3, 4) - local support and resistance lines.

The bitcoin price has broken through the resistance line (4). That is, the growth of bitcoin is limited only by the price at $4200+/-. Based on experience, I am sure that at this level the BTC price will meet a very strong resistance in the form of large ***"bearish"*** orders. So there will be a rebound down to the level of the support line (3). 

At this point, Technical Analysis will cease to operate, as the strategy of the third force is not quite clear. In the usual situation, the bitcoin price should fall deep down to the level of $3200. But now I can't say that.

Judging by the fact that today's price growth is so slow, the whole market is in absolute uncertainty.  This situation is likely to continue for a few more days. 

Wait.

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***Good luck!***

***The @upvoteinvest team***

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