BTC 4 Hour Update

in #bitcoin • 6 years ago

 BTC had a nice pump from our yellow support line. I was more biased  towards a retracement to the purple support region. However, this is  starting to look more bullish. Also to note, $710 million tether has  just printed as well.

On the bullish side of things, we did break the first region we needed to for a good shot for a bullish run up.
However, I am not convinced until we break that dreaded 6800 resistance with strength and turns into SUPPORT.

Things are looking better but we're still not out of the hole yet.
 

6 years ago in #bitcoin by
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