Bitcoin (BTCUSD) broke above resistance on the 1H timeframe and touched the higher end of our sideways trading channel... Moving in favor of the bulls, we mentioned this in our previous analysis which is accessible below.
We are looking at bigger volume now, not huge but above-average and the highest since the 31st Oct., right after Bitcoin hit the $8961 low, now the peak price hit was $9586 and can be the start of a move we have been expecting for multiple days.
Will Bitcoin continue to grow? Very likely, there isn't much bear volume on the drop.
Let's allow time for this to develop... This move goes perfectly with our analyzes and calculations and also supports additional growth for all the altcoins that we've been looking at in the past few weeks.
Good/GREEN days ahead. Enjoy the profits. Enjoy your day.
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