BitcoinShort
Bitcoin - Reviewing the current rally
Isn't it great to see appreciation in BTC after such a long period of decline. In this chart you can see BTC has broken out of a symmetrical triangle formation (dotted black line) and is now approaching major resistance at 45.5k.
Will it pull back at the point and re-establish its downward trend, or continue to land on the moon?
The head winds are strong and I feel that the correction is not yet over. But what do you think?
Will it pull back at the point and re-establish its downward trend, or continue to land on the moon?
The head winds are strong and I feel that the correction is not yet over. But what do you think?
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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.