Bitcoin
Long

BTC: Higher from here ..... ??

149
Although BTC is still trending in the downward
channel we do see some signs of bullishnes by
the forming of a bullish flag on the 4hr chart.

Further bullish signs are the upwards momentum
the last few candles (4hr) as well as leg 3 (blue)
that needs to start developing now.

Going higher will not be plane sailing as BTC will
face a lot of resistance on her way up.
Currently the EMA 50 (orange) is right above her
and some more resistance at 0.618 Fib and $8000.

However, i do think we may have turned the tide
and will go higher from here.

No financial advise
educational purposes only

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