For those of you who live in the United States, Happy Independence Day! Since we talked last, bitcoin broken above the $11,500 resistance. This closes the upper CME gap at just above $12,000. Price has since dropped back on top of the $11,500 support where it’s consolidating.
Zooming out on the weekly chart, we can see the bulls have put up quite a fight after the extremely bearish close of last week’s candle.
In today’s video we’ll discuss where price may be heading next, key areas to watch, targets and so much more. I’ll also answer your questions. I hope you find it helpful.
From retired airline pilot to full time crypto trader. Trading cryptocurrency provided the means to walk away from a demanding career to enjoy time focusing on what's important in life - family and friends. Helping others navigate the volatile crypto market is an amazing bonus.