Tastemaker

Next major stop for Bitcoin: 100MA on the Weekly chart?

BITSTAMP:BTCUSD   Bitcoin
Here we take another look at the 2014-15 correction channel and compare it to the current path Bitcoin is taking. The similarities so far are undeniable, both with the price and RSI action (although BTC seems to be moving a bit faster this time around).

If this continues, the 100MA will be next.
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.