Bullish Breakout Sort of Confirmed

Technically, we have now had four up days in a row, however, today's trading was extremely light and basically flat. We still need some high volume movement to the upside to definitely confirm a bullish trend. It is currently just past 0900 in the morning in Japan; it's possible that money that was deposited on Friday will go into Bitcoin over the next couple of hours. It wouldn't be the first time that has happened. Stay tuned!

Posted in: breakout,sentiment,trading