
$BTC is displaying a bullish structure, with price consistently pushing higher highs and higher lows. The prior resistance has now turned support, which is a good indication that price will push further.
Price is currently moving toward a minor resistance level near the highs. Should it break through and sustain itself above this level, we should have another leg higher. On the flip side, a rejection here could result in price pulling back to the support level before making another move.
DYOR, NFA
https://i.redd.it/mlp9xolrdoyg1.png
Posted by UniChartz
2 Comments
Will it break… Yes!!
When will it break… No one knows
My pet rock drew the same lines and asked the same question.