BTC - H4 BULLISH
- has been increasing as this breakout from 67s occurred
- High lows are continuously being formed
- Gap to 7700 looks to want to be filled, as continues to increase and the orderbook for resistances looks thin between 7200-7700s.
- Traditional markets quarterly will be releasing over the course of the next 2 weeks. As most earning reports will be poor, I expect traditional investors to hedge into other asset classes including Bitcoin .
- Looking for a strong daily close above 7220 for me to stay in.
- If we break below 7150 on the daily, I will look to open additional shorts.
- Currently flat after a quick short from 7310