BTC Overview 12.29
3.5k support looking strong, bullish engulfing candle with two short wick candles touching the support line.
PA uptrend still looking solid with RSI following. Sell volume diminishing as well.
4k break out will be a very key indicator in the coming days. Breaking 4.2k trend line and making a higher high would be very bullish.
Overall looks like BTC is in a clear up trend, of course it remains to be seen for how long... Breaking 3k low is still quite possible.
PA uptrend still looking solid with RSI following. Sell volume diminishing as well.
4k break out will be a very key indicator in the coming days. Breaking 4.2k trend line and making a higher high would be very bullish.
Overall looks like BTC is in a clear up trend, of course it remains to be seen for how long... Breaking 3k low is still quite possible.
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