Battle behind the scenes (5 hours time frame)
BTC is currently battling at the 5hr time frame.
Bullish case:
With a Golden Cross of 14th Sept at its side and a successful rejection of the SMA10 support of 16th Sept, the trend has potential to continue.
Bearish case:
The VWMA is flat, and if this persists, it's likely to pull BTC down into under SMA200 (need 3-4 more new candles (i.e. 15-20 hours) to confirm this).
Bullish case:
With a Golden Cross of 14th Sept at its side and a successful rejection of the SMA10 support of 16th Sept, the trend has potential to continue.
Bearish case:
The VWMA is flat, and if this persists, it's likely to pull BTC down into under SMA200 (need 3-4 more new candles (i.e. 15-20 hours) to confirm this).
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