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Bitcoin Order Flow Points To Fresh Highs Soon
Following an almost 9% correction from last Friday’s highs, Bitcoin prices are finally recovering. BTC futures posted a solid gain yesterday, with the Daily chart printing a large bullish engulfing candle, signalling that the bull trend could well be resuming, putting fresh highs back in sight near-term. However, the recovery rally has stalled for now and the market is at a make-or-break juncture: will this prove to be a lower higher against last week’s ATH, setting up the way for a deeper correction lower? Or will the current $92k lows hold as just a corrective low within the bull trend, with price set to break ... (full story)
