Bitcoin is looking super strong!! We're seeing lots of support at $7,300. While other top cryptos have been pulling back, we're likely seeing a break of correlation by traders wanting to exit alt coin positions to enter positions in BTC ahead of the ETF announcement in a couple of weeks. I personally am guilty of this as BTC is just too strong right now to be in other alt coins.
Inside bars are now forming on the daily as we're still seeing another consecutive daily bull bar. Likely, we will see another day or two of consolidation before a hopeful bull break and then pushing the daily RSI into overbought conditions.
Volume for the daily is looking like it won't top yesterdays. If we do see a bear break, we will likely see support at $6,800 making a higher low.
Hope everyone is going well -- I'm still looking at a BTC target of $10,000.
