BTCUSD STILL IN RANGE - WATCHOUT FOR CHANNEL BREAKOUT/BREAKDOWN

BTCUSD has had a very steep climb with a very little retracement for much of the bears liking. Agressive buying seen in BTCUSD taking Bitcoin to the ATH regions over 19000$. If the price sustains above 18500$ range, we may see some good consolidation in BTC, thus ETHUSD may also creep up in value.

Yorum:

Nice breakdown in the BTC market.