What another wild night for Bitcoin! I wake up this morning to BTC hitting new all time highs of $7,450! Right now, we are cooling off and consolidating. I do expect us to make another push to the upside later on today!
RSI was showing overbought conditions as we touched our new all time high. So as expected, we had a quick pullback, meeting support at $6,766, and then shooting back past $7k. Currently, we are hovering around $7180.
I expect us to continue consolidation for a little bit, allowing MACD and RSI to cool off and set up for another leg upwards. In other news, alt coins are getting absolutely destroyed =( Hopefully they will come back post fork!
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