Bitcoin trying for it’s 5th daily green candle in a row.
Bitcoin has been stringing together some impressive days after bouncing off the 29k support level Mid last week on the 21st. Currently Bitcoin has locked in 4 daily closes in the green and is currently about 2 and a half hours away from getting it’s first streak of 5 green candles since March 11, 2021.
Everything is not all roses though as daily volume is still trending down and we haven’t been able to turn the monthly candle green yet with only six days left to go. Currently the monthly candle is down about -1.3%.
Well it has been a nice end of the week for crypto, Bitcoin still has a lot of work to put in. Just a few months ago a good week ending at 34k would of been a bad joke. But markets are not deterministic and the only thing we can is try to figure out what the most likely movements are and have a plan for all of them. Not letting ourselves be boxed into a corner of single minded thinking where we try to fool ourselves into thinking we know what the market is going to do.