TheRealVSky

Bitcoin bulls catch the bottom at $8950?

COINBASE:BTCUSD   Bitcoin
Bitcoin bounced right off it's midterm support at $89xx and recovered close to 4.5% of its recent pullback after it failed $10k. 7d MA is on its way back up to cross the 20d MA on the 4h Heikin-Ashi showing a good indicator that this short term bear trend reversal is coming close to its end. If BTC can push back thru $9400, it should be back to retest $10k by the weekend. There is an interesting resistance intersection at $96xx so if BTC fails anywhere from $9400-$10k, we will see a test of the $8750 trend line then $8200
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