TheChartGuys

BTC Bulls Stay Within Striking Distance

COINBASE:BTCUSD   Bitcoin
Healthy consolidation last night from overbought conditions have seen the bulls rally to establish new supports, cool off technicals, and remains close to all time highs.
The volume has been very low for the BIG 3 overnight, so when we see volume uptick we will have to pay attention to the direction seeing the benefit.
Watching for a 4 hour equilibrium pattern to develop with a lower high if we see the bulls tire this morning.
The fact that Russia news had no effect is a testament to bull strength at these levels.

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