BTC has been hammering at the demand zone for the length of the past few days. Additionally, we can see that it has wicked this demand zone numerous times indicating a "weakness." On the contrary, we can see that the price hasn't wicked into the demand zone too often. It seems as if the bulls are in control. I think the bulls can take us up from here and I have...
We have been continue to make higher highs and we seem to have found support above the 200 EMA on the 4 hr TF. Historically, when this has happened we have usually continued the uptrend. You can see that on the pop to $10k this happened. Long since 6.5k.