In this video we examine the bitcoin price action after reaching category 1 in a Bull Market. We are currently at category 4 and have been holding the category 1 price line at 26,976 USD since March 18th. We are still expecting more upwards movement towards the future halving price in the very near future.
Bitcoin just set a 12HR higher low compared to $8400 in the 12 HR timeframe, now we will search for a lower high compared to $9200. This pattern should straight up for a few days until we see a clear breakout. Some alt coins lost the 12 HR support, Bitcoin dominance is grinding up.
