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forexcanada
Feb 23, 2021 6:29 AM

BTCUSD not looking good short term Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoins is an awesome instrument to use technical analysis. Still don't get the idea of owning nothing but whatever :o) Price just broke the lower rising wedge trendline. We even had a retest earlier today with price touching the lower wedge line. Statistically, Bitcoin rarely miss two pivots in a row. We have one at around 45k and the other at 37k. Not worth buying now at current price.
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