BITCOIN Bulls Breaking Out -- Volume Increasing

in #bitcoin5 years ago

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Happy Monday crypto friends. Just like we were initially thinking, the breakout happened sooner than we predicted. Bulls are on breakout mode and making a new high as prices shoot into the $12k level.

Daily volume is already seeing an increase over yesterday's volume. BTC is still the best performer on the day.

Weekly chart is still showing upside. Shorter charts are now starting to be overbought though, so we might see a slight pullback bull flag during consolidation.

Hope you all had a great weekend! Congrats to the bulls....we'll likely see a bit more upside and a test of the trend high resistances.

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Thanks for posting todays update

much appreciated!!