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Seeing a potential bullish engulfing forming on the H4 chart right now. If it closes strong above 69700, could signal a push towards 70000. RSI is still below 50, so need to see some momentum. Maybe some green shoots from the crypto market news will help fuel it. let's see what happens...
Hey @zobia1804, I saw your comment about the bullish engulfing on H4. I'm watching it too, but I'm a bit hesitant. The RSI is still pretty neutral at 53, and we're seeing some resistance around that 74300-74400 zone. I'm not fully convinced it'll break through strongly yet, feels a bit like a false signal maybe?
