Interesting day yesterday, I was dead wrong on my prediction; BTC found some major buying seemingly out of nowhere and has been hitting its head against 9800 since. Interesting setup here for a Friday, approaching very thin cloud support on the 15 after bouncing off the bottom of it just a couple of hours ago. I'm thinking this time it slips through the 50MA...
Yesterday went according to plan pretty much, we even exceeded my target of $9250. Today I see weakness in the clouds on all 3 charts. It will pull itself out of the 15 minute cloud one more time, which will put it over a thin bearish cloud. At the same time, the 1h will be over a pinbar cloud, and it will finally break the 200MA which it's been testing all...
Grindy day! Bitcoin went thru the side of the cloud on the 15, instead of falling one more time and coming up through the bottom as I had predicted. It continued up to 9100 but has met strong resistance there. I think we'll continue sideways between 9000 and 9100. The cloud is rising on the 15 and should push it up on the 15, at the same time go sideways into...
Chart says it all, just my opinion! I'm not always right! :D