Consolidation Before Market Open Signals Strong Move Coming
Got a strong bullish wick on the 4hr chart, so it looks like Bitcoin is still very bullish right now. So should at least look for it to make a new higher high once it passes the 62814.64.
But it's still got to break the daily zone area of 61747.33 in order for that to happen. It's very possible that it will drop again, but let's cross our fingers for the BULL contamination.
BULL TP:
68132.89
with new levels added as price continues to go up.
BEAR TPS:
• 59603.93
• 58363.38 (monthly area, may pivot for buys here)
• 57231.56
• 55777.98
• 54364.49
• 52953.39
But it's still got to break the daily zone area of 61747.33 in order for that to happen. It's very possible that it will drop again, but let's cross our fingers for the BULL contamination.
BULL TP:
68132.89
with new levels added as price continues to go up.
BEAR TPS:
• 59603.93
• 58363.38 (monthly area, may pivot for buys here)
• 57231.56
• 55777.98
• 54364.49
• 52953.39