BITCOIN & Crypto Predictions Into The Weekend

Happy Friday to all! So far, it's looking like overall flat markets and conditions again. We are seeing a bit of upside though, so we could see some small gains on the day.

Overall price action is still tightening with lowering volume. I'd suspect we will see this level hold and then another move upward toward $5,800.

If we do see a pullback it will likely be the pullback of a tightening consolidation wedge unless the bears really show up in volumes.

Weekly bars are still forming inside bars, so this is another way of confirming this type of action. We'd love to see another week or so of inside bars, and then a big bull break -- fingers crossed.

There's a ton of resistance upward though, especially at the $5,800-6,000 level, so bulls will have a lot of work cut out for them pretty soon.

Hope you all have a great weekend!