TheChartGuys

BTC Daily Continuation

COINBASE:BTCUSD   Bitcoin
It ended up being a laggard, but BTC following ETH and LTC to daily higher highs and continuation.
Little resistance through the upper $8,000s aside from psychological levels.
Weekly equilibrium continues to play out as the bulls try to reach $9k to hit the middle of the tightening range.
Currently started scaling out of my position $8,500+ but keeping 60% to let the bulls try and keep this move up.
Loss of 4 hour higher lows will be a red flag for healthy daily consolidation coming.
Congrats bulls! But the weekly equilibrium is our god for the next couple months.

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