The Bitcoin breakout is official, with price 3 candles removed from passing through resistance. Although volume has been subdued, we did see a nice spike yesterday, which is encouraging. Price appears to be heading to the top of the ascending channel, which could carry it to 100K or above. This is the area traders are watching move, as the weekly 50 MA looms (not shown).
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info@thewolfoallstreets.io
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.