The head & shoulders that was forming on BTC has been rejected and it had a strong push up to break through the 4 hr resistance around 6640. It pushed through that and retested a daily resistance at around 6858. Retracing during the current candle, a close above the recently broken resistance could mean it will head back up to retest the daily again at 6858.
BTC seems to be respecting the newly formed trend line for now. Watching closely for some more confirmation of the new bullish trend.
BTC seems to be respecting the newly formed trend line for now. Watching closely for some more confirmation of the new bullish trend.