Direct from the desk of Dane Williams.
How about that Bitcoin, huh?
"I can't see any other scenario than this zone breaking out and price ripping higher."
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Good call, dipshit.
BTC/USD Daily:
For someone that wants Bitcoin to become a true store of value and act more as a safe-haven than a risk asset, the move is even more frustrating because it just follows the bad day on equities.
But take a look at where price currently sits on the 4 hourly as we head into the weekend:
BTC/USD 4 Hourly:
Doesn't look too bad, does it?
No lower low and looks like just a natural, small move off resistance.
Maybe I'm not that much of a dipshit after all.
Best of probabilities to you,
Dane.
FOREX BROKR | Hive Blog
Higher time frame market analysis.
