BTCUSD Staying Inside Channel - Closing Above $2230 Support

We are seeing good consolidation here for Bitcoin. The pullback is healthy and as long as we continue to have candles close within the green channel I have outlined here, we should continue on upward to our $3300 mark inside of 15 days. $2230 is critical support! A break below intra-day can be worrisome but our main concern is to keep those candles closing higher than this red line support (a high printed on May 22nd).

Do not fear these micro-crashes. This is a disruption technology. All disruption technologies are highly volatile in infancy. Just like a baby trying to walk. As long as our baby stays within the walking lines (our green channel), we should remain safe.

Happy trading all!

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