Quote from: bobburg on Today at 07:07:05 PM

Quote from: STT on Today at 07:04:20 PM

Hard to take any negative view right now but the place to watch might be 4hr bars. Here the blue line is the 4hr average price and all day we've kept above that, some rapid strong momentum lifting BTC. So to be negative we need to be trading below this so the days sentiment is taken as profits by various traders.

https://twitter.com/goodmovieslike/status/1339628620789276676
https://loganlucky.contently.com/
2nd chart is actual 4hr bars, all green in sequence so the two charts reflect each other. The trend shown is daily gain since Nov start.

While I agree the technicals look slightly off, I feel like there is also good momentum too

The weekly and monthly momentum is absolutely nuts. Haven't seen strength like this since early 2017, obviously. This is an extremely strong bull trend that will sustain for months to come, regardless of what happens on the 4-hour or daily charts. Those lower time frames will just provide shakeouts within the larger rally.