We did not see too much follow through on the $1,000 break,
but the bulls are still in control with hourly higher lows.
A bit of inverse action when BTC broke out. The bulls are back for the big 3 but they are taking turns on the breaks.
The uptrends are not being ruined when we consolidate on one and run the other.
When we lose the hourly higher low pattern we will look for more drawn out consolidation on the daily chart.
Until then, the bulls are in full control and at all time highs.
Keep in mind we have run for over 3 days and normal healthy consolidation is always right around the corner at that point.
but the bulls are still in control with hourly higher lows.
A bit of inverse action when BTC broke out. The bulls are back for the big 3 but they are taking turns on the breaks.
The uptrends are not being ruined when we consolidate on one and run the other.
When we lose the hourly higher low pattern we will look for more drawn out consolidation on the daily chart.
Until then, the bulls are in full control and at all time highs.
Keep in mind we have run for over 3 days and normal healthy consolidation is always right around the corner at that point.
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