TradingView
Ben.K
Dec 12, 2014 3:31 PM

Important Price resistance on 2 year scale Long

Bitcoin / U.S. dollarBitstamp

Description

This line of support seems to be very Strong. I would be Surprised if it was broken Now. We need a large development to break upwards( ETF, Amazon, Etc) to next Bubble.
Comments
MoonTrader
If you drew the line closer to those ohter 2 points last year, then it would already be broken.
Ben.K
Very true.. But going off the lowest points, you have to admit its been very resilient even very recently. We just bounced off it again just the other day. Im curious to see if we stay above it in the near future.
More