TheChartGuys

BTC Bulls Need a 4 Hour Higher Low

COINBASE:BTCUSD   Bitcoin / Dolar
We have consolidated all night and now it is up to the bulls to form a higher low and higher high on the 4 hour.
If bulls are able to rally we will see a 4 hour Bull MACD cross to go along with it.
If not, we will head back to the low of $14,000 and potential dump to lower lows and more oversold conditions.
Bulls have to start forming higher lows and higher highs on the hourly or the bears will keep momentum in their favor.
Still strong correlations between the big 3 with ETH the clear strongest.
Bulls are still a bit timid under current conditions.
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