BTC has been hammering at the demand zone for the length of the past few days. Additionally, we can see that it has wicked this demand zone numerous times indicating a "weakness." On the contrary, we can see that the price hasn't wicked into the demand zone too often. It seems as if the bulls are in control. I think the bulls can take us up from here and I have...
Analysis based on Wyckoff Accumulation TR. We backed up to the edge of the creek here look for us to break out.
We have been continue to make higher highs and we seem to have found support above the 200 EMA on the 4 hr TF. Historically, when this has happened we have usually continued the uptrend. You can see that on the pop to $10k this happened. Long since 6.5k.