BTC 4 Hour Update
BTC had a nice pump from our yellow support line. I was more biased towards a retracement to the purple support region. However, this is starting to look more bullish. Also to note, $710 million tether has just printed as well.
On the bullish side of things, we did break the first region we needed to for a good shot for a bullish run up.
However, I am not convinced until we break that dreaded 6800 resistance with strength and turns into SUPPORT.
Things are looking better but we're still not out of the hole yet.