BTC has been sitting in a channel for the last 9 months and there has been a few small breaks below and above.
Generally its been flat on the daily.
If we zoom out to the weekly we have a small bullish candle that is in a bullish zone on the moving averages and the MACD is also looking up.
If the candle in question on the weekly closes bullish on the 6th July it would suggest that we will have another attempt at 10k.
Why will this time be different?
There are 3 clear attempts on breaking through the resistance, the July run could see us push through and then pull back and use this level as a solid support on a way to 12 and 14k.....
Generally its been flat on the daily.
If we zoom out to the weekly we have a small bullish candle that is in a bullish zone on the moving averages and the MACD is also looking up.
If the candle in question on the weekly closes bullish on the 6th July it would suggest that we will have another attempt at 10k.
Why will this time be different?
There are 3 clear attempts on breaking through the resistance, the July run could see us push through and then pull back and use this level as a solid support on a way to 12 and 14k.....