Bitcoin BTC short term bullish but no new bull just yet
Bitcoin is looking bullish to me in the short term, but we're far from a new bull market.
If we can somehow get above 4500, I think there is a clear path back to the 200MA around 5800.
If we can see a sustained move above 6500, I think we could start a new bull market, but that's something to revisit in future.
For now, let's see if we can get a run up to the 200MA (where I'd be looking to take profits off the table for a long trade)
If we can somehow get above 4500, I think there is a clear path back to the 200MA around 5800.
If we can see a sustained move above 6500, I think we could start a new bull market, but that's something to revisit in future.
For now, let's see if we can get a run up to the 200MA (where I'd be looking to take profits off the table for a long trade)