Swing trade for Bitcoin (BTC1!) - 1-hour chart
Bitcoin futures managed to fid support above 60k before snapping a 4-day losing streak. Bullish momentum increased from 
64K, and the move lower since appears to be corrective in nature against the strong rally from 64k.
A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price opportunity, value area high).
The bias is now for a move higher towards SWB:69K, with the potential for a move to 70k. At which point we'll seek evidence of a bearish reversal, given price action clues on the weekly and daily charts.
64K, and the move lower since appears to be corrective in nature against the strong rally from 64k.A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price opportunity, value area high).
The bias is now for a move higher towards SWB:69K, with the potential for a move to 70k. At which point we'll seek evidence of a bearish reversal, given price action clues on the weekly and daily charts.
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