mikehobart

The Grand-Pubah Consensus Is Here. Will BTC climb as Expected?

COINBASE:BTCUSD   Bitcoin
Price spiked today on the opening of the BTC Consensus, now, let's see if blind investors can actually drive the price up through these tough ceilings that are very closely stacked above BTC right now.
We have the 1200EMA in orange, the short-term trendline of the most recent bear movement (white), the ichimoku resistance @9065, previous resistance @9400 and the combined resistances of the descending trendline AND the 61.8% Fib at around 9500.

That's a LOT in a very small price range. Let's see what level of confidence the Consensus brings out!

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.