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We can see BTC is at the tail end of another falling wedge reversal pattern. This is a bullish formation.
3
We can see on the 4hr chart bullish divergence has formed on both the RSI and MACD chart. The Low volatility in my opinion suggests that the bears are out of breath and that the market will turnover into a new Bull cycle soon. Cheers.
2
We have major support at 6,000 and 5,800 below those are my levels to enter a short position. With that said, if we hold the support especially the 6,000 level, then I am very Bullish. Lot's of Great news coming out, fundamentally BTC is the strongest its ever been.
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