Bitcoin Potential 4 hour Bull Flag

A very impressive day yesterday for the bulls, creating tons of space above key 9k support, and increasing odds significantly that when this move does top out, a daily higher low will likely form.

Note the daily trend change will still be needed for the complete shift in momentum back to the bulls, with a clear daily higher low and higher high. Anything under $10,680 is still a daily lower high, and $10,800 is the mid way point on the weekly chart between the recent lower high, and higher low.

In the recent video I talked about looking for an entry on the daily higher low in the mid $9,000s and now the target has changed to 10k and upper 9k based on the size of the move, and where 4 hour EMA support is climbing to. Bulls have already gotten 2 solid bounces from 5 min oversold conditions, which lets us know the bull momentum is strong.

Bitcoin dominance continues to grow and ETHBTC and LTCBTC hit fresh lows yesterday.