Twitch_PnG

Range Squeezing for BTC - Why so Twitter so Bear?

Panjang
BITFINEX:BTCUSD   Bitcoin
We couldn't close higher to make that final push to 9400-9600USD.

Back inside the range, but we have found support on the pivot, never closing below it.
Now we have made a higher low and continue to squeeze into a tighter range until we break up/out of this pattern.

The bull inside me has not died, just because of this bull trap yesterday; indicators are reset and ready to drive up again, we need to break out of this squeezing range and close above 9100USD on the daily to give the bulls the confidence we need.

Panic mode I am not right now - relax and watch it decide.

Penafian

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