BTC just showed an attempt to go out of a consolidating range on the H4 chart. It got into the consolidation after some major impulsive move that brought us into the region we are currently trading in.This is basically a re-accumulation stage and the most recent impulsive move out of the range is
BTC showing intention that it wants to continue it's bullish move.I am not predicting a bull run yet, but for the short term, I see BTC reaching for the $27000 price level.
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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.