BitcoinLong
$BTC: 200 ema on the 4 hour = Potential repeat?
I love the 4 hour chart. Last time bitcoin fought back above the 200 ema and then retested it and successfully closed above? We saw a pretty nice run. I get the sense that this BTC pa is just some coiling of the spring, a consolidation of momentum as we load up for the next run. Obviously things can go south from here for sure. I wouldn't be surprised to see a second break below, and another "double bottom" style pattern form. But if this 200 holds, we might see some nice push to up around 70k.
BTC pa is just some coiling of the spring, a consolidation of momentum as we load up for the next run. Obviously things can go south from here for sure. I wouldn't be surprised to see a second break below, and another "double bottom" style pattern form. But if this 200 holds, we might see some nice push to up around 70k. 
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