Bitcoin Nearing A Breakout

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Weekly, #BTCUSD.

Bitcoin closed right at the resistance line of the large, YTD, descending triangle which is also the 20 week moving average of $7300.

A breakout of this triangle, and a weekly close above it, could signal the break of the 9 month down trend.
More analysis and setups here:


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out