#BTC Update [April, 16th] : What's next?
After dumping hard to $6500 level from $6940 once again it pumped hard and has brokenout 200EMA on 4h . BTC needs to close this candle above $6970 to maintain bullish trend or else it will fall back to $6500 support or even lower.
This night the price did a nice dive to liquidate early longs. However, Asian session closing is super bullish after huge pump. $6930 and $7000 resistances are broken, the last step is to consolidate above them.
Priority is upward, targets are $7300 to close the gap, $7500 and finally $7700.
This night the price did a nice dive to liquidate early longs. However, Asian session closing is super bullish after huge pump. $6930 and $7000 resistances are broken, the last step is to consolidate above them.
Priority is upward, targets are $7300 to close the gap, $7500 and finally $7700.
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