BTC needs to form this Higher Low on the daily . If it can the BTC recovery is looking a lot more positive.
The Daily MACD has crossed but BTC still needs to confirm higher low .
The first test is the 9500 level and if BTC can break above this and form a new higher low over the next week this would be a very good sign that the recovery is underway.
Also to note there was a LOT of Bull volume in on the 6k mark which may have signalled the bottom may be in for now
Lets see :)
The Daily MACD has crossed but BTC still needs to confirm higher low .
The first test is the 9500 level and if BTC can break above this and form a new higher low over the next week this would be a very good sign that the recovery is underway.
Also to note there was a LOT of Bull volume in on the 6k mark which may have signalled the bottom may be in for now
Lets see :)
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