Good evening traders! BTC continues to produce higher highs and higher lows which is very bullish . We continue to hold this trend line despite all the fear and top calling. As long as this line holds I will continue to look for upward movement.
I am seeing an Inverse Head and Shoulders which should take us up to the trend line above if all goes accordingly. I expect to see some long wicks as bulls/bears fight at the trend line. If price breaks above trend line and can hold I see us further bouncing around inside with a target of 5600-5800. We can however push higher but ultimately I feel we will be...