Not bullish yet on BTC. We first need to see some strength
I would thing, we first need to see if it will go through
Tension rising with high values for RSI, heavily overboucht right now, and compared to the previous rise, which died out sideways, lower strength on the late upmoves (divergence on EFI too), also divergence on MACD-H
We have to see a solid breakthrough this 4060-4080 resistance, with more strength, before further uprising.
The volume solely on coinbase is not that impressive, but the exchanges together, do show huge volume. This is a bullish sign though.
I am still bearish on BTC here, considering all the information together.
Tension rising with high values for RSI, heavily overboucht right now, and compared to the previous rise, which died out sideways, lower strength on the late upmoves (divergence on EFI too), also divergence on MACD-H
We have to see a solid breakthrough this 4060-4080 resistance, with more strength, before further uprising.
The volume solely on coinbase is not that impressive, but the exchanges together, do show huge volume. This is a bullish sign though.
I am still bearish on BTC here, considering all the information together.