I believe that the bullish trend on Bitcoin is still going strong. The Lux Algo trailing trend market structure indicator is holding steady in the green, although we did experience a pullback at the value area high. I spotted a hidden bullish divergence on the 90-minute market cipher, but the daily trend is showing a shift towards the down VWAP and money flow. The 4-hour trend seems neutral at the moment, but I'm keeping an eye on it because the 12-hour chart might just cross over into the green on the money flow, which could potentially turn the tide back in favor of the bulls.
Technical IndicatorsTrend Analysis

Also on:

Disclaimer