Bitcoin has
produced bullish action in recent days, forming an inverse head and shoulders pattern on the 4 - hourly chart before breaking above resistance at roughly $ 9,000 area yesterday.
Today there's a touch
of bullish action happening at the moment looking at the 4 - hour BTC / USD chart but it's not much.
Bitcoin Cash (BCH) has experienced
dramatic bullish action recently, gaining over 100 % against USD in just three days.
However, we also like
the bullish action we are seeing in Market Vectors Semiconductor ETF ($ SMH), a popular ETF proxy for the semiconductor sector.