BigChonis

Another BATTLE as BITCOIN reaches APEX area on 1hr chart...

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BITFINEX:BTCUSD   Bitcoin
Bulls need to step up soon with some decent volume or we are going to loose this bullish impulse wave and drift down to another $7K retest which would not be good for a bullish retest of upper resistance areas. Lots of liquidation into buying strength as shown by “big” red candles, the “big” green candle could turn out to be a chart oversold indicator DCB (dead cat bounce) which is getting sold into and could be confirmed if we are unable to break higher in the very near future...

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