BITCOIN Consolidation Getting TIGHT!
Bitcoin hourly consolidation is getting tight!! We can definitely notice how there's been no spikes or big surges in volume lately.
There's a big support right now at $3,360, so a close below this is going to signal a huge pullback to the down side which will almost certainly break the $3,325 support.
To the upside, we're looking at closing above $3,400 and breaking $3,414.
My money is still favoring the bears. I think even if there's a break to the upside, it will be a fake-out. Personally, I'm looking to see a pullback and test of $3,000 soon.