BitcoinUpdated Bitcoin BTCUSD - Hitting Significant Resistance Points
Bitcoin failed to break through some significant resistance points for now - will probably need time to recharge before it tries again.
Watch the Rising Wedge - if it breaks downward from that we'll have a decent fall in the short term.
Watch the Rising Wedge - if it breaks downward from that we'll have a decent fall in the short term.
Note
Well it's broken downwards from the wedge but let's see if it holds!Note
It's outside the channel now pretty definitively, and still having trouble breaking above one of those resistance lines.Here are a few half-assed ideas about the short term:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.