After a day or two of mostly bearish price action, Bitcoin bulls are picking up again. The current hourly candle might very well be the start of a new bullish impulse which can bring us all the way to the top purple resistance.
If we can close above the previous local high (yellow dotted line), I think we can safely assume that the higher-low is in and that we will go up.
If we can close above the previous local high (yellow dotted line), I think we can safely assume that the higher-low is in and that we will go up.
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