Is Bitcoin forming a BullFlag on the 4hrly? Maybe! If so this could bring the Price up, if a Breakout would happen Today, to approx. 51'7k - 52'1k
Analysis:
- Rising Volume within the "Pole"
- Declining Volume within the "Flag"
- MACD showing a Sing of a Reversal and could cross bullish in the next few hrs.
This certainly does not need to happen, but the Signs are good.
This Analysis is not intended to be investment advice. Always DYOR.