Finally a bounce worthy to take note of. We are almost out of a key downward channel with an upcoming retest. The US should be coming online in the next few hours so we will see where that takes us although it seems to be bullish signals on the lower timeframes across the board and holding supports nicely.
If we don't break now then a likely retest of about $35.5k is on the cards although it will still be in a healthy position to move up if we stay above that.
Breaking here will see a move up to $38.5k region pretty quickly - providing BTC.D stays flat or moves down then ALT's will pump very hard.
Whilst it is looking quite positive please bare in mind that FUD could potentially come in from across the sea's although it is looking like the Whales are in now to drive the price up and content with the current price.
If we don't break now then a likely retest of about $35.5k is on the cards although it will still be in a healthy position to move up if we stay above that.
Breaking here will see a move up to $38.5k region pretty quickly - providing BTC.D stays flat or moves down then ALT's will pump very hard.
Whilst it is looking quite positive please bare in mind that FUD could potentially come in from across the sea's although it is looking like the Whales are in now to drive the price up and content with the current price.
