Todays bar is penetrating yesterdays supply wick. A close that matches the supply wick of yesterdays up bar would be another bullish signal and suggest absorption of supply is happening on the way up.
A pull back is expected in the form as an LPS. Could Bitcoin possibly over shoot resistance and consolidate above? Or will we see a tame pull back to consolidate here before having another assault on that 40K region?
Let the market decide, no predictions...
A pull back is expected in the form as an LPS. Could Bitcoin possibly over shoot resistance and consolidate above? Or will we see a tame pull back to consolidate here before having another assault on that 40K region?
Let the market decide, no predictions...