Looking good....looking good. Bitcoin holding very good so far. Bitcoin just completed its first stage on the 4hrs retrace move . Knowing where the 4 hrs is heading we can forecast the 1hr tf next move for the next 2 to 3 days and its as shown on the 1hr chart. Once we have the 1hr tf cycle completed we will have the 4hrs tf cycle getting ready to re-take its UPtrend, and once it re-takes its UPtrend move and by the time the 4hrs tf cycle is mid-way up then the Daily will joint them to push prices to new highs and that will be around the 9th or the 12th and as long as price doesn't cross below its Zero Line. Place your bets ladies and gentlemen and buckle up cause we are heading for a wild ride.
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Well...well....well, Bitcoin holding its grounds very.....very well. I love that sideways move. Now questions is , What's next?. Where the next arrow will be pointing out? Well looking at price action and seeing how well bulls have been defending their line and knowing that bears still have some TIME left we can forecast next move and as of matter of fact it is the most important move for Bitcoin Daily uptrend structure. Stay tuned. 
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Disclaimer
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.