$BTC Broke Bullish "tentatively"



Nice Falling Wedge breakout to sweep Asia highs and reclaim the 15 min 200SMA.

This is the first time we've seen this in over 9 trading sessions (excluding FOMC shenanigans).

Expecting sideways and up for the next 24-48 hours if 63k holds.

Resistance: 64k
BTC1.56%
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ExitLiquidityCupid
· 13h ago
After the FOMC turbulence, the market has been sluggish. The 15-minute 200SMA rebound is a small signal, but don't get carried away; just observe for 24 hours.
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BluePeonyInTheDark
· 14h ago
Nine trading sessions finally bring a decent structure; after sweeping Asia highs, see if 64k can be broken through.
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BluePeonyMinerDream
· 14h ago
Falling Wedge is quite standard; is the breakout volume sufficient this time?
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MetalKeyInsomnia
· 14h ago
If you hold at 63k, you'll be able to catch your breath.
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