BITCOIN Looking To Close Above $3,600

Bulls have been looking to break and close above the $3,600 level on the hourly chart (well, technically just under).

I still think we have a fake bull bar from yesterday that is comical, so odds still favor the bears. Until we see a higher high above the $3,750 level and a higher low form, bears are in complete control.

Support still sits now at $3,425 which is likely to break on the next test or two, so stay safe!