BTC Wanting To Consolidate To Continue RunsteemCreated with Sketch.

in #bitcoin6 years ago

2019_06_16_20_25_08_BTCUSD_9144.80_1.89_Unnamed_TradingView.png

BTC has seen a great run up here lately. I think if the bulls want to see a realistic attempt at the 10k level, the bulls need to consolidate here in order to breathe and see more upside.

There's been a lot of upside already so far, so the bulls will really need a bit more time and chance to take a breath before a run up.

4-hr time frame's have pulled back a bit from being overbought.

We're still waiting on the weekly to see consolidation and then potentially another leg up.

Hope you have all had a great weekend!!!

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Thanks for posting the update

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