Bitcoin is in an uptrend, yet volume and volatility is still nowhere to be seen.
News
-None
TA
-Volume is picking up since last night and bitcoin is an uptrend, so curiosity is striking this market. Volume on the weekend for BTC is dropping and is down over 1000 btc since last weekend. Expected big move to coming
-RSI held our position at 48.50 and is making progress to hold above 63.68. If we can surpass 63.68 we could move higher with our first test at 10768 and than 10931
-MACD is bullish with no roll over in sight.
-We did hold the hourly 50ema and is string to hold the 10643-10678 range. If bulls can hold it we have a high chance to go fight for 10931. If we take down that wall we will head towards 12k
Final Thoughts
My 50x long is up 58% and I'll be holding with the hourly still bullish. I think its risky to short or long atm, but the volatility is slow low you could make some quick trades. Volitily is suppose to come back soon with target date of Oct, 6 with fair value of btc is 10700s.
News
-None
TA
-Volume is picking up since last night and bitcoin is an uptrend, so curiosity is striking this market. Volume on the weekend for BTC is dropping and is down over 1000 btc since last weekend. Expected big move to coming
-RSI held our position at 48.50 and is making progress to hold above 63.68. If we can surpass 63.68 we could move higher with our first test at 10768 and than 10931
-MACD is bullish with no roll over in sight.
-We did hold the hourly 50ema and is string to hold the 10643-10678 range. If bulls can hold it we have a high chance to go fight for 10931. If we take down that wall we will head towards 12k
Final Thoughts
My 50x long is up 58% and I'll be holding with the hourly still bullish. I think its risky to short or long atm, but the volatility is slow low you could make some quick trades. Volitily is suppose to come back soon with target date of Oct, 6 with fair value of btc is 10700s.
