BTC 2 Hour Update

in #bitcoin6 years ago

 

After a reaction at the golden pocket region for BTC, we have had finally the strongest green candle since
the beginning of our fall.
Although we did see quite the reaction, we broke the region by a wick and now we are faced with the area
highlighted above for the bulls to break for our chance of 7k+ bullish run.
The  purple region below can get considered the last stand for the bulls if  the retracement is not yet complete as another wave down can be  possible.
If our 5780 low is broken and we don't see a strong reaction, expect mid to low 5k.

Hope these updates are helpful!  

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