BTC Key Resistance Test
Bulls starting the morning with a push to resistance from last night.
We have been consolidating for hours before a push the last hour has recovered most of that consolidation.
A break of $5730 will break the lower highs and put the bulls back in control, as we approach all time highs.
5 min and shorter term RSI levels are very high and likely to consolidate short term,
though bulls would be much more comfortable breaking resistances before consolidation.
We have been consolidating for hours before a push the last hour has recovered most of that consolidation.
A break of $5730 will break the lower highs and put the bulls back in control, as we approach all time highs.
5 min and shorter term RSI levels are very high and likely to consolidate short term,
though bulls would be much more comfortable breaking resistances before consolidation.
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