BITCOIN UPDATE

١٩ أبريل ٢٠٢٢

Yesterday’s big bullish engulfing 4-hour candle was the highest volume 4-hour candle on Bitstamp in a month. That is very encouraging, as it shows that there was real demand. Price also stopped exactly at the top of the channel that I shared yesterday and appears to be consolidating against that resistance. We want to see a strong push on volume.