Higher Lows + Anticipation Volume Decrease = BTC BREAKOUT!
Updated
BTC has continued to push upwards over the last 36 hours, creating higher lows while savagely slaying bear-driven downward pressure. BTC tapped $6,570 thirty-six hours ago before rebounding to $6,700 within 3 minutes. From there, highs above $7,220 were reached followed by multiple down-swings which the bulls easily defended. Currently, we appear to be in a squeeze that could breakout upwards in the next 2-4 hours, IMHO.
Yesterday, almost exactly 24 hours, an 8 to 9% increase started, breaking out of short term resistance lines. I believe we hit our bottom yesterday and the next 24-48 hours are going to be spectacular. Good luck everyone!
Yesterday, almost exactly 24 hours, an 8 to 9% increase started, breaking out of short term resistance lines. I believe we hit our bottom yesterday and the next 24-48 hours are going to be spectacular. Good luck everyone!
Note
More resistance at $6,850! LETS GO BULLS!
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