BITCOIN (DAILY) MODEL UPDATE $BTC

BITCOIN (BTC) Daily Time-Frame Model Update:

Price rally in to quad timing (white) upside in to 200 MA (pink) with huge bullish candle.

Price breached upper TL (white) resistance in to TL (rail) resistance and stopped.

Now we see a pull back in to next timing on model (compression timing).

IF 50 MA (purple) breaches upside 200 MA (pink) with price above, that is an extremely bullish signal and shorts should be concerned.

Upper resistance to watch closely is the mirror (fractal) of the previous tail measured and mirrored above (red arrow above white TL).

Advantage bulls so far.

We trimmed longs heavy in to resistance as did EPIC software for positiioning.

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