Bitcoin flying into the weekend on strong volume!
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BTC 15 min chart is currently pulling back to $15,800 S/R line.
Where it dipped and came right back with bullish indicators.
On the hourly, the spinning top signals this pullback.
Daily BTC is rounding nicely into a cup with today's high sitting at or above the $15,842 R/S line.
While it is currently surpassing the Dec. 27th $15,367 close, there is still nearly 12 hours left in it's trading day so this could still close higher yet or pullback a bit and continue its climb tomorrow! Either way this beauty appears to be getting ready to surpass it's all time highs.
Originally , I was leery of claiming a breakthrough on the down trend that was broken on Jan. 2nd but am quite confident now that it has overcome this barrier.
disclaimer: These are merely musings from an armchair quarterback. All information is speculation on my part and not to be taken as sound financial advice.
At any given time, I may or may not be holding the coins that I speculate on but will always try to remain objective.
KNOWLEDGE IS POWER
