This golden trend line was not found by me, but it continues to catch my attention. My theory here is if we break this trend we can see what I initially predicted, and that was a drop to the 5-6k range. We are nearing 4/20 which is typically a time for bulls to take over and alt coins to flourish, so that raises the question for Bitcoin..
Do we bounce off this golden trend line and continue to range or do we test the 5-6k range. Keep an eye on this golden trend line!
This is not financial advise, just what I currently see in the crypto currency market.
Do we bounce off this golden trend line and continue to range or do we test the 5-6k range. Keep an eye on this golden trend line!
This is not financial advise, just what I currently see in the crypto currency market.
The bulls really don't want price to go beyond this trend.