shatzakis

Bitcoin Monthly Candle Chart Long Term View

BITFINEX:BTCUSD   Bitcoin
Given the recent swift price action in Bitcoin markets, this long term daily candle stick chart is a good reminder of the longer term trends in place for BTC/USD. The bear market could last through February 2019 and longer-term support lines intersect near $3500 and just below $4000 which is now in close proximity (today's low near $4670) although before testing lower a bounce up from here could follow. Either way year-end volatility appears to have returned to crypto markets again.

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