BTC & Markets Still Showing Signs Of Uncertainty -- Short Term Supports Holding

Markets are overall flat today. BTC is still on the short uptrend, however, we are seeing the low $8,200 level be very resistant.

BCH has sparked up with a nice spike finally, so we will see if it can hold.

Bulls are still holding supports above the $8,100 level for closes, so I think it's likely we will still see more support come in at this level.

I think the market conditions are still overall uncertain. We are seeing a weekly inside bar forming for basically all market charts, and likely we will form another next week (IMO). If we see bulls show up with follow through -- as opposed to shorts covering and buy stops triggering -- we will have a good case for continued upside.

Not a whole lot else to put out. Facebook's upcoming crypto is getting a bit more attention though, so I'll continue to keep an eye out for info related to it.

Happy Thursday!