BTC: Bulls Resiliently Push for Higher Ground

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC: Forecast on the Four Hour.

Bulls have made a statement surprisingly quickly after months of bearish tone by avoiding a pullback so far and struggling even higher (on the Daily we are well above the Bollinger bands ). While BTC is still due for a correction, recent price action indicates the overall market sentiment has shifted in favor of the bulls, meaning it may not drop as low before charging higher.
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