Context: The bulls appear to have returned however we have yet to see a confirmation as we are still waiting on a HH (higher higer) to form on the daily.
TA: With the most recent 4-hour high failing to reach $7798 it appears as though an equilibrium pattern is forming. Based on previous trend support we expect BTC to retrace to the $7500 level before continuing to breakout or continue the equilibrium pattern.
FA: Fundamentally the market appears to hold a bullish sentiment. Solid ICO projects are generally over-subscribed and in recent weeks most major news events have an underlying bullish sentiment. The most recent being today with Coinbase releasing the roadmap to SEC registration: blog.coinbase.com/ou...urities-a1724e13bb5a
TA: With the most recent 4-hour high failing to reach $7798 it appears as though an equilibrium pattern is forming. Based on previous trend support we expect BTC to retrace to the $7500 level before continuing to breakout or continue the equilibrium pattern.
FA: Fundamentally the market appears to hold a bullish sentiment. Solid ICO projects are generally over-subscribed and in recent weeks most major news events have an underlying bullish sentiment. The most recent being today with Coinbase releasing the roadmap to SEC registration: blog.coinbase.com/ou...urities-a1724e13bb5a