Bitcoin Explodes on the Hourly Candle...

Bitcoin just had a huge burst up on the hourly candle, which was preceded by a strong drop.

We also have good volume.

This is giving us a nice bullish candle on the daily:

Is it time for the bulls?
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Namaste.

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We bounced back up and with really good momentum...

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Volatility increasing is a good signal for us, this means we will have a breakout soon. We are hoping to breakout to the upside.

The bears were negated massively yesterday and even though we are lacking momentum, we are now trading above EMA10 and EMA50 on the 4h chart:

- It seems we will have action by the end of the weekend.

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Ripple (XRPBTC) waking up:

Etherum (ETHBTC) as well:

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We have a repeat of yesterday for another push up...

Bitcoin continues pushing up.

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Bitcoin finally showing some strength...

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Volume increases once more... Bitcoin wants to keep on "exploding" on the hourly timeframe. Bulls are gaining momentum...

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Strong retrace going on but completely normal.

Here is the hourly chart:

- Price bounced from 8-Sept. trend line.
- Outside of Bollinger Bands.
- RSI oversold. Short term bounce expected.

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Please click the trade idea below to follow my Bitcoin updates:

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Bitcoin explodes once more on the hourly candle...

2.5% increase in one shot...