The cloud on the 2 hour chart is thicker than Mrs.Incredible. There is a lot of resistance ahead for BTC. On the 1 hour chart we're above the cloud but not by much. Still this is a positive sign that we're heading in a potentially positive direction. 4 hour and 1 day charts are showing btc far away from the cloud which means more potential resitance ahead. I estimate a week more to go to break the clouds and relieve some of the selling pressure. The ETF decision is on the horizon and the market will factor the price in.
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What a wonderful sight. BTC is moving powerfully through the 2 hour cloud as the market begins to price in ETF decision. $6400 is the current number to beat. Followed by $6800.