Still below 46k but I think we may see a move above, either this weekend or early next week.
My thoughts are on the chart.
Monthly chart looks bullish, a large re-accumulation range that has lasted for over a year and is currently plotting higher highs and higher lows.
Weekly chart as it stands now would be a bullish close. Above 41600 on close would be a win for the bulls.
Still work to do but I think the local bottom is in and next is mark up.
What are your thoughts?
My thoughts are on the chart.
Monthly chart looks bullish, a large re-accumulation range that has lasted for over a year and is currently plotting higher highs and higher lows.
Weekly chart as it stands now would be a bullish close. Above 41600 on close would be a win for the bulls.
Still work to do but I think the local bottom is in and next is mark up.
What are your thoughts?
Comment:
At the key area of resistance, would like to see BTC consolidate and cool off RSI before pushing through and beyoond 46k.
