Bitcoin Price Analysis: Bull Trend Continues as Market Marches To $6K Level

Summary: Bitcoin’s strong uptrend resumes as, once again, the market has claimed new highs in the $5,900 zone. Our market structure remains bullish as we have consistently created higher highs and higher lows. Specifically, the market structure has progressed in a sort of stair-stepping fashion that has created multiple zones of support that have been tested several times on the 4-hour time frame. On a macro scale, we are in the process of beginning to test daily resistance, but we haven’t truly encountered the weekly resistance just […]
More info