After getting what was an expected pullback and seeing price briefly spike down to the 6800 area support BTC has rallied to test the recent high.
A Big Green Candle – One and Done?
The daily candle that just closed an hour ago was a big one as buyers swooped in and pushed prices back higher. Volume wasn’t as high as the up days from early in the week, but it was still above average.
Whether this bounce has legs is to be seen but we know what the first upside hurdle is that is for sure.
Looking at the chart in this post
Bitcoin Testing Recent Highs Already
May 20, 2019
Published by timm
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