BTC has formed a strong upward regression testing the upward bands on 5 occasions and the bottom on on 1. It is set for another retest on the 5th, if volume can remain upwards, it's going to exceed 20K FAST.
However, it has the potential to go down if it does not successfully bounce on the supporting regression trend. On the 4hr we have a few fibs of support, but I would take those with a grain of salt given how new this price action range is.
Watch this space.
However, it has the potential to go down if it does not successfully bounce on the supporting regression trend. On the 4hr we have a few fibs of support, but I would take those with a grain of salt given how new this price action range is.
Watch this space.