Volume
BTC is a critical point and needs to keep up the bullish momentum. We are currently breaking a downtrend in the OBV, which is one of the volume indicator I like to watch.
I think if we get thru this downtrend of this indicator an overall trend reversal may occur.
However so this has not happened yet. I believe we must also break above 4300 to decisively change market structure.
Failing that and falling all the way to bitcoin prices close the the last bubble highs is also still very much a possibility I think.
Let's keep watching.
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Go go go BTC !!!
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Have to agree with you! Seems so close to reversing the trend but resistance and volumes are a tough barrier unless a catalyst comes along!
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