Nice to see a strong move with the Daily TF joining the party but that's not enough. Bitcoin NOT out of the woods yet. We need to see the same move it just did but now on next Weekly candle to confirm the UP move. As of now the move is UP from the 1hr, 4hrs and Daily point of view and once the Weekly candle closes we'll find out if the Weekly also confirms. I see Bitcoin moving in a trading range between $76500 and $85500 that's from the Daily pov until the Weekly decides what will do. Buckle up ladies and gentlemen good trades ahead.
Note
Bitcoin is about to enter the 2nd stage of the 1hr UP move so expect a spike in price within the next 3 1hr candles. Next move is where probably it will print the high line of the trading range. We'll find out soon. Buckle up bois and girls and have some fun. Trade active
Alright, looking good....looking good, Bitcoin just arrived to the top of the 2nd stage of the 1hr UP move so expect a sideways and drop to the area of $80k-$81 max $76500 and then bounce again to print its third and final stage. Lets see how next move evolves. so far everything is looking good the Daily, 4hrs and 1hr all are pointing to the Upside all we need its the Weekly confirmation. Stay tune. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.