A fractal has been created recently, pushing the price of bitcoin lower. The ascending trend line created since the October rally is close to breaking. Will bitcoin retest $765 to create a double bottom to escape the currently seen negative sentiment?
Please note: Green horizontal lines are resistance turned support. Blue lines are ascending and descending trend lines. Red horizontal lines are resistance.
Please note: Green horizontal lines are resistance turned support. Blue lines are ascending and descending trend lines. Red horizontal lines are resistance.
Trade closed: stop reached