Bitcoin $17k Still In Play
There was an expected and perfectly healthy retrace.
It broke out of the falling wedge that this retrace created. The MACD has crossed bullish. There is a hidden bull div as well.
Bitcoin will likely keep going. As I see it, the next resistance of 17k is still in play.
It broke out of the falling wedge that this retrace created. The MACD has crossed bullish. There is a hidden bull div as well.
Bitcoin will likely keep going. As I see it, the next resistance of 17k is still in play.
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.