On the 4hr, we are building up more volume at higher levels, which would eventually move the point of control to around $18.6K. Ideally, this would be with price above it, in order not to get rejected by the POC once it has shifted. Other than $18K on the 1hr, $17.8K on the 4hr is now looking likely as a support zone (21/100 MA projection zone too).
Price on Coinbase finally made an ATH today, $19,915, $25 above previous all time high, after Bitstamp achieving a new ATH yesterday. This is however the second time on the 4hr chart that price has been rejected by new ATH levels, so it may take longer to consolidate current highs. Strong support remains between $17.8-18.2K. Above this support zone, price remains bullish.
The Monthly candle close yesterday was otherwise the highest Monthly close Bitcoin has ever had. While I'm still expecting a pull-back to $14K levels, the long-term picture remains incredibly bullish
While on the Weekly, price is at the highest closing Weekly candle in Bitcoin's history. Yet another sign of the strong bullish momentum in the market right now: