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jambalulu
Jul 18, 2019 5:53 PM

Is the upside move starting to reverse\consolidate? Short

Bitcoin / United States dollarOKCoin

Description

This big surge over 10k is starting to form a broadening topping pattern that suggests that once the support is broken BTC will either correct downwards to test the 10k mark once more, or at the very least start to consolidate for a bit.
That being said we are still inside the pattern and we could have another retest of that resistance at about 11k.
What do you think is happening?
Share your thoughts in the comments!
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