BITCOIN – 14 May

On 4hr chart, tested the next resistance level around 8200 and break above. As mentioned previously, we may just keep breaking the resistance levels till 10k. Will the parabolic rally cooldown abit this time as it been breaking resistance levels easily. Some big btc movement showing possible pullback or at least some consolidation. Possible staircase pattern up, 2nd leg pullback to 7500 before going for the 3rd to test another higher highs. Next resistance level to break 9600 before testing the 10k
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :116
Total marketcap :240
Dominance :60
Bitfinex

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