The Bitcoin and crypto bull run continues overnight

We hit all the way up to $9049 USD for BTC as we saw some bullish continuation.

As we see a continued increase in the price of BTC we have become oversold on the 4 hour time frame and should see some consolidation coming. Currently we have a bearish reversal candle stick forming on the daily and ideally we should get some follow through before we continue the bullish run for BTC at the next resistance level $9200 USD.

We have a nice range for consolidation all the way down to $7800 which would still allow the bulls to remain in a 4 hour uptrend.

My trade

Personally I have made some bearish trades at this stage and set a stop lose a bit above $9200 just incase we consolidate briefly for another leg up.

*remember this is not financial advice and you should always do your own research :)

Here's to seeing some nice continuation in the crypto sphere :)