BTC on the log scale/daily, forming a perfect acending triangle hitting the resistance line touching the recent highs (downsloping channel).
If the 60% chance bearish ascending triangle plays out you will see a revisit of the 4500 lows.
The MA 50 offers some stiff resistance as well making a drop more likely.
Anyway, this is BITCOIN so we never now. A move up would be very very explosive and might even crush the alts.
This is the moment we have been waiting for.
If the 60% chance bearish ascending triangle plays out you will see a revisit of the 4500 lows.
The MA 50 offers some stiff resistance as well making a drop more likely.
Anyway, this is BITCOIN so we never now. A move up would be very very explosive and might even crush the alts.
This is the moment we have been waiting for.