What a morning for Bitcoin! We broke our resistance of $4670 earlier today, pushing BTC all the way up to $4875! Currently, we are hovering around the $4800 mark where we have found new support.
MACD indicated a very strong buy signal 6 hours ago, and is still holding! RSI is showing heavily overbought on both the 1 hour and 4 hour chart, so do not be surprised if we cool off a bit before moving upwards again.
Once we have a strong break above $4842, there isn't much holding BTC back from reaching previous all time highs. I'm calling it here and now, we will break and exceed all time highs by October 31st.
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