Despite the volatility seen yesterday afternoon, with Bitcoin touching $92.8k to sweep the Monday Low area, nothing changed on the 4hr timeframe. Every 4hr close has still been respecting the $93.5k level and BTC is again trying to breakout from the $95k resistance. At the time of writing this, the 4hr chart is close to accepting above $95.8k (Prev Month High.) consolidation above and we could see $98k soon.
I mentioned over the last couple of days that I was looking for altcoins to scalp, and we did this perfectly in the Premium Group with our ideas playing out exactly. I will be following the same gameplan until BTC decides its next bigger move.
Despite the volatility seen yesterday afternoon, with Bitcoin touching $92.8k to sweep the Monday Low area, nothing changed on the 4hr timeframe. Every 4hr close has still been respecting the $93.5k level and BTC is again trying to breakout from the $95k resistance. At the time of writing this, the 4hr chart is close to accepting above $95.8k (Prev Month High.) consolidation above and we could see $98k soon.
I mentioned over the last couple of days that I was looking for altcoins to scalp, and we did this perfectly in the Premium Group with our ideas playing out exactly. I will be following the same gameplan until BTC decides its next bigger move.
Market Update - $BTC Despite the volatility seen yesterday afternoon, with Bitcoin touching $92.8k to sweep the Monday Low area, nothing changed on the 4hr timeframe. Every 4hr close has still been respecting the $93.5k level and BTC is again trying to breakout from the $95k resistance. At the time of writing this, the 4hr chart is close to accepting above $95.8k (Prev Month High.) consolidation above and we could see $98k soon.
I mentioned over the last couple of days that I was looking for altcoins to scalp, and we did this perfectly in the Premium Group with our ideas playing out exactly. I will be following the same gameplan until BTC decides its next bigger move.
No real change for Bitcoin as the support and resistance levels we have been watching over the recent days continue to be respected- $95.5k is still being consistently rejected and once again we saw a bounce from $93.5k (Weekly Open area.)
I will still be keeping my eyes out for solid opportunities on altcoins today, but we must be patient whilst the market is showing no real trend.
No real change for Bitcoin as the support and resistance levels we have been watching over the recent days continue to be respected- $95.5k is still being consistently rejected and once again we saw a bounce from $93.5k (Weekly Open area.)
I will still be keeping my eyes out for solid opportunities on altcoins today, but we must be patient whilst the market is showing no real trend.
No real change for Bitcoin as the support and resistance levels we have been watching over the recent days continue to be respected- $95.5k is still being consistently rejected and once again we saw a bounce from $93.5k (Weekly Open area.)
I will still be keeping my eyes out for solid opportunities on altcoins today, but we must be patient whilst the market is showing no real trend.
No real change for Bitcoin as the support and resistance levels we have been watching over the recent days continue to be respected- $95.5k is still being consistently rejected and once again we saw a bounce from $93.5k (Weekly Open area.)
I will still be keeping my eyes out for solid opportunities on altcoins today, but we must be patient whilst the market is showing no real trend.
No real change for Bitcoin as the support and resistance levels we have been watching over the recent days continue to be respected- $95.5k is still being consistently rejected and once again we saw a bounce from $93.5k (Weekly Open area.)
I will still be keeping my eyes out for solid opportunities on altcoins today, but we must be patient whilst the market is showing no real trend.
No real change for Bitcoin as the support and resistance levels we have been watching over the recent days continue to be respected- $95.5k is still being consistently rejected and once again we saw a bounce from $93.5k (Weekly Open area.)
I will still be keeping my eyes out for solid opportunities on altcoins today, but we must be patient whilst the market is showing no real trend.
Bitcoin is continuing to respect $93.5k as 4hr support which was a key level we mentioned yesterday. Although there was a 4hr close above $95k (Prev Month High) this was just deviation as the next candle accepted back below.
This gives us some pretty choppy price action for the market, and we are waiting for a bigger break. Watching for 4hr acceptance under $93.5k, with eyes then on the CME gap around $92k, or a strong break of the $95.5k range highs.
Throughout the chop we have been catching good scalps in the Premium Group so will be looking to continue to do the same.
Bitcoin tested the yellow zone at the $92.5k area overnight and gave a very strong reaction. This was the daily support level from December to February, so it is a good sign for bulls that it is now being defended on lower timeframes. The current BTC 4hr support is $93.5k (Yeary Open) but resistance remains at $95k where the weekend CME gap has just been filled.
Let's see how the Monday range plays out, but I am watching for a break of one of the levels mentioned above.