Bitcoin Slow And Steady Climb

Is this a dream, inside of a dream, inside of a dream? BTC loves playing with our emotions. It's having a field day with this one. This price action is coming in the middle of the night and furthermore, this is coming off of a confirmed H&S, as well as a number of other bearish patterns. Im not even going to try to guess the direction at this point, I'm just going to let the chart speak.

A keynote here is the smaller scale rising wedges have broken to the upside so let's see if it keeps doing the same.

Happy 4th everyone, have a GREAT day!

Comment:

Looking back on this in hindsight, without letting all the bullish narrative cloud my vision, this was a STRONG short.