TheChartGuys

BTC Hourly Equilibrium

COINBASE:BTCUSD   Bitcoin
Congrats bulls! Huge move yesterday and currently seeing healthy consolidation.
We currently have a higher low, lower high pattern forming on the hourly as we find a healthy range at these new levels.
Bulls currently remain within striking distance of a new all time high.
Higher highs will be a bull entry signal with the lack of resistance we are seeing in the upper $5 thousands.
Bears can drop hundreds of dollars very quickly so stop losses are essential.

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