The reason why BTC won't sustain 50K price point today

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As you can see, price is hovering near the resistance line. It will either go up slowly, day by day, as it's going these days or it will go down until the support line meets.
Comment: Breakout alert: If a candlestick closes above the resistance line for one full day, it will be a strong buy signal


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.