Bitcoin respects these lines!! - Daily Bitcoin Screening: $8,588 (1hr chart)

The lines don’t lie, ladies and gentlemen. #Bitcoin has tested and respected this line on both sides, and when it did cross to the upside, you can see the long #candle to do so (green arrows). This is definitely an accurately drawn line (and no I have no adjusted it). The great news is, #BTC has tested it as a #support for a second time, and it respected it very well. However, we need to create a higher high on this surge OR we could be seeing a consolidation (lower highs, higher lows). All speculation at this point. We have to wait and see.