Get started
dylanshannon

Critical time for BTC - die or fly?

Short
Bitcoin (BITSTAMP:BTCUSD)  
dylanshannon  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators longterm BTCUSD Technical Analysis
5
1
trendanalysis chartpattern indicator longterm btcusd technicalanalysis
BTC is hitting against a historical resistance point = Bearish

But it's also in a right angled expanding wedge which is bullish.

Can it power thru? Certainly. Will it? I don't think so right now. I think we retest 6000 first.

What do you think?
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.