BTC/USD Quick TA Update (Gap Filled?)
BTC/USD Quick TA Update
Bitcoin loves to fill the gap on CME Futures, especially on lower time-frames like in the Hourly periods.
BTC touches the key trend-line upward support and the 50MA dynamic support as well.
Bull's reaction was to quickly buy the dip pushing the price to go up over 5% quickly.
We all know that BTC price action from mid-6k has been very exhausting uptrend and the price is trading inside a strong resistance area.
Don't be surprised to experience high volatile move and fake-outs inside this trading range.
As long as this trend-line support holds, the priority remains bullish.
Bitcoin loves to fill the gap on CME Futures, especially on lower time-frames like in the Hourly periods.
BTC touches the key trend-line upward support and the 50MA dynamic support as well.
Bull's reaction was to quickly buy the dip pushing the price to go up over 5% quickly.
We all know that BTC price action from mid-6k has been very exhausting uptrend and the price is trading inside a strong resistance area.
Don't be surprised to experience high volatile move and fake-outs inside this trading range.
As long as this trend-line support holds, the priority remains bullish.
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