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Is $BB really preparing for a big explosion?
The chart shows some momentum after that long horizontal crawl. We’ve just reached 0.0312 and you can see a clear series of higher lows forming on the daily chart.
The 0.0350 level is now the big boss. We’ve bounced there before but couldn’t close the trade. If buyers can push above that with trading volume, things could get interesting.
On the other hand, we need to stay above 0.0270 to maintain this momentum. If we lose that, we’re likely to return to the boring range again.
Trading volume is slightly increasing, which is a good sign. We’re just watching to see if we get a strong daily close above the last resistance.
Is anyone taking a position here or is it still too early?
#USSeeksStrategicBitcoinReserve