Happy Sunday crypto friends. I hope you all have had a great weekend! Sorry for being offline the last couple of days, I was out on a fishing trip.
It's good news ahead for bulls right now and we see prices heading higher forming a new higher high. There's momentum heading up with volume and solid continuous upside.
This is the seventh day of bull action so far, so we will be looking for pullback at some point to test price levels and establish higher supports.
4-hr RSI is the highest we've seen since the trend high when we touched $14,000.
The weekly bar just closed with extremely low volume. This does mean potential for increasing bull volume though.
Hope you all have a great rest of the weekend and week ahead!
