tmpascoe

Bitcoin showing bearish price action

BINANCE:BTCUSDT   Bitcoin / TetherUS
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Bitcoin has been showing some strength of late and is currently holding at the 50% retracement of the previous move, but the fact that it failed to reach the previous high is bearish . Won't be surprised to see it fall back to the 8450 level again

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Retesting that same level. If we can break through the $10K mark we should see a good move higher. Fingers crossed.
Price action is still bearish but we now have a higher low on the 4hr so it's getting more bullish again.
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