BTC - Price Analysis
Price has gone higher than the 8k~ range it has been moving through the past few days.
However, there are quite a few varying technical differences in this run that were not present in either of the past run ups.
For example, the Kumo is much less volatile on the daily charts. Kijun & Tenkan are acting as support although they are ranging and hint at some sideways price movement.
As the stochastic moves downward, if the price continues to move sideways, it will be a good set up for another leg up towards the 9k - 9.3k mark.
Furthermore, some of the more important factors can't be seen on the daily charts, and I will publish another chart to illustrate these differences.
However, there are quite a few varying technical differences in this run that were not present in either of the past run ups.
For example, the Kumo is much less volatile on the daily charts. Kijun & Tenkan are acting as support although they are ranging and hint at some sideways price movement.
As the stochastic moves downward, if the price continues to move sideways, it will be a good set up for another leg up towards the 9k - 9.3k mark.
Furthermore, some of the more important factors can't be seen on the daily charts, and I will publish another chart to illustrate these differences.
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