Same chart as yesterday but the bulls have taken a step forward.
We still see bears defending resistance and pushing the price down hard as we reach key levels.
The daily uptrend remains intact, so the bulls remain in short term favor.
A break of $4,037 will have us looking at the potential for a weekly resistance break and trend change.
LTC and ETH have faded a bit compared to BTC, but are still healthy on the daily chart as well.
Before this weekend we will either see a clear resistance break, or a loss of 4 hour support indicating a daily higher low is needed on BTC.
GBTC had some bullish clues yesterday during trading, so we will keep an eye on the premium trades in the stock market are paying, for potential clues.
We still see bears defending resistance and pushing the price down hard as we reach key levels.
The daily uptrend remains intact, so the bulls remain in short term favor.
A break of $4,037 will have us looking at the potential for a weekly resistance break and trend change.
LTC and ETH have faded a bit compared to BTC, but are still healthy on the daily chart as well.
Before this weekend we will either see a clear resistance break, or a loss of 4 hour support indicating a daily higher low is needed on BTC.
GBTC had some bullish clues yesterday during trading, so we will keep an eye on the premium trades in the stock market are paying, for potential clues.
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