$BTC Bitcoin ST 4 hour looks Bullish above resistance
Bitcoin seeing some buyers and possible accumulation with volume uptick and testing resistance now. Above 23,000 can see higher for as much as 28,700 gap fill.
Will probably need some consolidation along the way, no straight lines up but above 23,000 I like the long bias.
Rejection here and it's most likely back down to 19,000 support . From there we see if it's a new leg down, or more time consolidating / trading in channel , prepping for next major leg (up or down).
My bias here favors the long side R/R
Cheers
Will probably need some consolidation along the way, no straight lines up but above 23,000 I like the long bias.
Rejection here and it's most likely back down to 19,000 support . From there we see if it's a new leg down, or more time consolidating / trading in channel , prepping for next major leg (up or down).
My bias here favors the long side R/R
Cheers