BTC update- are the bulls back?


small PB to fib support of 6670 and bounced perfectly
4H now entering my resistance box, this is a crucial area for us to maintain

RSI has been in overbought for a while now so i'm not sure if this will hold, also MACD is almost maxed out in overbought. When these two indicators run together they are very powerful indicators as to where price will end up.

We have to break above this resistance box and consolidate before the next leg up to break 7472.

If this box doesn't hold we will retest 6500 and 6200.
Trend Analysis

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