VadiqueMagenta

Bitcoin is trapped between greed and disappointment.

BITSTAMP:BTCUSD   Bitcoin
https://www.tradingview.com/chart/wWdqh6GP/

Hi guys,
On the H4 chart we cn see two initiative candlesticks. The first one from the top marks the cancelation of SegWit 2x, the second one from the bottom - the price level meeting at the profile volume level, when many players came out defending their interest.

Now we have to retest the upper profile volume to see if the news about SegWit's abolition was really that bad? If so, then after the retest in the area of 7200 we will go down. If not, we will update the highs.

In any case - the nearest landmark is understandable. It's 7200 next week.

P.S. This review was made yesterday, but couldn't be published due to some technical issues. It is still relevant today.

It is yesterday's snapshot.


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