π‘ Bitcoin appears to have enough volume to break above a Downtrend of Resistance for the last 80+ days.
The Bear Flag is invalid.
Supply is exhausted as the OBV makes a Higher High.
Price may follow volume. Buckle up frens!
π΄ Bitcoin is trapped under a Downtrend of Resistance 80+ days π’ Bear Flag is no longer valid since the flag (price consolidation) is overextended beyond the length of its recent drop (pole) π’ On Balance Volume prints a Higher High, breaking the downwards pattern
π’ Downtrend of Resistance 80+ days has been broken! π’ On Balance Volume supports this bullish development π΄ Bitcoin needs to get above $44,500 to make a Higher High.