Things look mighty fine for bitcoin right now and has entered the 4hr ichimoku cloud. Currently waiting to determine if it will be enough support for an edge 2 edge as it hasn't test the bottom. So if bitcoin keeps the uptrend a tk cross could shortly happen confirming the bullishness bitcoin has set here. A retrace is possible soon with the hidden bearish div on the rsi but should remain in the cloud. I'm overall bullish for bitcoin and think a 11.6k retest is highly possible.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.