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Bitcoin Reverses by mikej

View this thread on: hive.blogpeakd.comecency.com
· @mikej · (edited)
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Bitcoin Reverses
![](https://steemitimages.com/DQmb8m9zEScAWSLWbsWSXEhGmvPTCZvijmiD4hPywSTfdaU/image.png)

The price of Bitcoin is at $14,915.00 right now, the highest since December 22 and the hourly chart is bullish. The 11 hour closed out higher than the 15 hour candle low.

Here is the 4 hour chart:

![](https://steemitimages.com/DQmaeQ6C6enBKSSgHHhr1SqwePqcRcMGWkr4u6wBhFTni9i/image.png)

The 4 hour chart is also bullish.

Looking at the daily chart, we are seeing a reversal from the down trend.

![](https://steemitimages.com/DQmZ5gmjRZUbkqXgUrgKahG2kfzizfnAuckBziYUgQ2R2H1/image.png)

We closed out with a red 6 candle on the 25th and just opened with a green candle higher than the previous 2 days of red candles.  The new candle for the 26th already shows a reversal from the dip so if we close out today with a green 7, the uptrend should continue.
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