sellers took over the market from 10th April 11am.
buyers came in but with slow momentum and the buyers took it up to the supply zone.
on 12pm 11th April sellers stepped in.
buyers have tried but they couldnt take prices above the supply zone
ps. supply zone marked with horizontal ray
on 10th by 1am sellers stepped in and took out the channel and the beginning of the move came in with volume and a news event
buyers have taken prices up but with low volume
sellers have rolled over
Bitcoin has been in an upward channel which began at the close of the trading day of March 13 which is banded from top to bottom by about 1400 points.
From the above point of view it clear to the naked eyes that Bitcoin is in an uptrend but there is a caveat to this bullish nature which is the trading day of march 12 which opened at 7940 and closed at...
