Today we will be zooming in from yesterday's chart to get a closer look at how BTC is moving in the H4 chart.
There is a clear trendline breakout as we had charted before, forming the 1-2-3-4 breakout strategy, the green lines are the possible price action movement before a stronger pull back. Which is coincides with what we had discussed yesterday.

Zoom in on Chart HERE
Daily Chart from yesterday HERE
Discussion from yesterday's daily chart HERE

Today's chart at H4 is totally inline with what was charted yesterday, we are on track to cross the 3k region, possibly to the 3.1k region.

There could be a pullback to 0.681 region at 2580 before heading higher, we are seeing a bit of bull indecisiveness at 2780 region with is a possible fibonacci resistance area.

I will probably add to my position if it reaches 2580 region as the H4 downtrend is broken and new highs are forming.

NEWS UPDATE

Uniform Law commission set to review its model digital currency regulation on 14-20th july Source: coindesk

Social media kik is launching its own ethereum ICO source:coindesk

Usual Disclaimer

Dear steemians,
I will like to share more indepth details on how to use certain indicators, ie fibonacci ,elliot waves and many more. I appreciate it if you geniunely want to learn that, comment and let me know, if there are enough attention for that content, I will most definetely share.

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