ROYAL_OAK_INC

$BTC intraday strength moving over to daily! Let's GO!

CME:BTC1!   Bitcoin CME Futures
We warned on BTC before it hit the staunch 30k mark.
Days later on a pullback took a LEVERAGE trade and sold close to the top.
(Personal trade. For the Fund we accumulated long ago, much lower)

Since then we've been SHORT term bearish on #BTC and waiting for some type of bottom to form.
#Bitcoin hasn't shown solid signs until recently.
Early this week we mentioned that the 1Hr chart was looking better.

Took another personal trade with LEVERAGED BTC close to trend line and sold near the dashed line.

NOW #BTC is stuck between longer term up trend, blue dotted line, trend & short term down trend, orange dotted line.

#bitcoin is not looking as bad as many think!
Want proof? Look at the 4 hour chart!

Am encouraged with BTC action lately.
#BTC moving avgs are HIGHER - yellow box.
Holding Trend Line is positive.
Buys are coming in, still light though.
RSI gaining momentum.

#Bitcoin is looking better and better intraday and this strength is moving over to the daily chart.
Would like to see a close above light blue dash & the RSI over 50.

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