PolarHusk

BTC/USD TA Update (New 4hr Trend Change?)

Long
BITSTAMP:BTCUSD   Bitcoin
BTC/USD

My previous post regarding BTC was correct as the price closes above 200 MA on 4hr TF, the price continuously surges up to my target zone.
We may see a temporary top here as RSI level is getting into extreme overbought condition, a good retest of old resistance to turn into new support is a healthy correction for another leg up.
Also, Bitcoin CME Futures has formed a gap, see link from my other post today.

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