There are two bullish
pin bars on the chart right now. It is also on support of previous resistance. I am expecting these two path ways for Bitcoin
. I won't be surprise if the blue path will happen, but I think we will more likely see the orange path. Confidence is back in the market and price reflects that. Once there are too much FUD in the market, it won't have the same effect over time. It becomes same thing different day, mentality. That is why when something is on a big run, one bad news can drive price severely down. Therefore, one good news can drive Bitcoin
and alts back up very high. What are your thoughts?
Trade with care.