SUMMARY: Bullish on BTC, short term may have a final retest of the 51k support .
-- Technical --
BTC is an accumulation phase and bigger plays are increasing their BTC positions.
We may have another retest of the 60k resistance before a pull back down to the 51k support level before finally moving to new ATHs.
Candles stills are trailing the lower in the 4H Bollinger Bands and are signaling a reversal point up - bullish.
Bull Market continues.
--Fundamentals --
BTC continues to be taken off exchanges and put into cold storage. BTC continues to decrease.
BNB and ETH are back at their ATHs, plenty of energy in the market - very bullish.
$$$ Happy Bull Market come Alts season $$$
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not finance advice and is for educational purposes. Always DYOR.
-- Technical --
BTC is an accumulation phase and bigger plays are increasing their BTC positions.
We may have another retest of the 60k resistance before a pull back down to the 51k support level before finally moving to new ATHs.
Candles stills are trailing the lower in the 4H Bollinger Bands and are signaling a reversal point up - bullish.
Bull Market continues.
--Fundamentals --
BTC continues to be taken off exchanges and put into cold storage. BTC continues to decrease.
BNB and ETH are back at their ATHs, plenty of energy in the market - very bullish.
$$$ Happy Bull Market come Alts season $$$
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not finance advice and is for educational purposes. Always DYOR.
