The Bitcoin bulls saw a breakout this morning with a move of over 5%. We are now looking for healthy consolidation on the hourly chart as the 5 and 15 minute uptrends are lost.
We will be looking for an hourly higher low somewhere above $5452.34 on Coinbase Pro. The bulls are very comfortable here if already in a position as they have plenty of room to work with to form an hourly higher low and keep the uptrend in tact.
