Hello Traders,
Bitcoin remains supported. As long as bitcoin stays in that trendline, it will ultimately break the highs at $4992.59 and rallies to the weekly extension extreme at around $5068.85 where it can produce a 4 hour pullback. We like the idea of calling bitcoin higher, but for confirmation, it should break the highs. BTW we were bullish already a month ago and we clearly stated that all corrections should be used to buy again!
Hope that gives you a clue of what WE expect.
Cheers
Bitcoin remains supported. As long as bitcoin stays in that trendline, it will ultimately break the highs at $4992.59 and rallies to the weekly extension extreme at around $5068.85 where it can produce a 4 hour pullback. We like the idea of calling bitcoin higher, but for confirmation, it should break the highs. BTW we were bullish already a month ago and we clearly stated that all corrections should be used to buy again!
Hope that gives you a clue of what WE expect.
Cheers
Note
I told you guys, never believe in the fundamentals, technicals will win in the end. 
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Related publications
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.