Bitcoin Continues To Hold Above Weekly Ichi Cloud, But...

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin price continues to hold bullish above the weekly ichi kumo. However, price has now closed below the senkou span A and there's a kumo twist in the cloud turning from green to red. Kumo twists are weak points in the cloud, so even though BTC is holding bullish , the twist could allow it to pass through more easily. A fall to senkou span B in the low $7000 range would be the likely result of losing the cloud.


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