While the bears were hoping for lower prices, the bulls have stepped in at 50 with a solid bounce. Sentiment for market seems good and I expect a very bullish day for crypto tomorrow with breakouts on many alts and BTC. We survived the futures and we are ready for a new leg up.
Happy weekend.
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UPDATE: if we find support at 53500 or above in the coming 6 hours and start an uptrend on the 4hr; closing above 55000 then we can reach 57000 this weekend. Between Sunday and Monday we could see a retrace to closing future levels and if we bounce there on a 4hr uptrend; we will be starting a new leg up; depending on the DXY performance and market sentiment. For this weekend definitely bullish opportunities.
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Where are these fuzzy bears now in the comment section? ;)
@saeed6ap, its previous support buddy that acted as resistance for the last 10 hours, we will flip it into support today... we might come down on sunday/monday to fill the futures gap but from there onwards there will not be anymore fun for you bears ;)
CaperBTC
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I like the squeeze on the B bands. Looking good for the weekend.
BelowZero
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It looks like the only way is up from here...
I like that green trendline. Very suggestive.
prefabsprout
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yep big weekend incoming!
CryptoTitans1
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Ha ha i told you to think a little more. Many got trapped now give up and run dear bull 😄😀
cryptobullethbtcxlm
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@saeed6ap, too bad for you that the dxy is usually bearish in the weekend; less trading volume ;) and usa is waking up now with some crypto appetite... dont short btc on saturdays my friend, gonna get rekt..