BTCUSD Breakout imminent. Price has been slowly grinding higher making higher highs and higher lows. Volatility on higher time frames expanding while momentum is up. I look for BTC go possibly touch $130,000 today.
BTCUSD Gotta close above the trendline that is right at the 8EMA on the daily, and if we do, look for the possibility of more upside. If not, bitty's looking at a potential drop to between $112k to $110k. Not looking good though, with that massive red volume, and bearish engulfing candle. T minus 5 hours. Bears vs bulls, it's ON!