Je_Buurman

Year long resistance finally broken ! (Linear chart)

Je_Buurman Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin finally broke the year long resistance. (Linear chart)

1H and 4H already show it as full candles, too early for daily thou ..


This resistance was broken only once October 15th (a month before the nasty fall from 6k) but was quite short lived (only 2Hours).



Some people chart/trade using Linear charts others Logarithmic charts, Logarithmic still has some time ...

Comment:
First daily candle :)

Trade closed: target reached:
linear and logarithmic both broken
Bearmarket is over

(yes it can still go down, but not within the confinement of the previous bearmarket trend)
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