Bulls have been fighting to bounce after breaking the $10k level once again. The move comes after forming a higher low, which is playing out into our longer consolidation wedge pattern. If we keep this rally up, I'd expect a lower high compared to the $13k level we saw on the last trend.
Hourly bear volume has been declining, so I think this small pullback will likely end up turning into a bull flag.
Overall, I'm still thiking with even more certainty that we are looking to consolidate more before anotehr potential leg up to a new trend high.
Hope you all had a great weekend! I'm leaving out of the cournty tomorrow, so I'll likely be absent for a majority of my trip, but will try to get a post out and up when I can.
