Bolems

BTC in MUD again

Short
BITSTAMP:BTCUSD   Bitcoin
The structure of the market as shown that BTCUSD as an higher probability of going downward soonest. The market try to reverse back to its position in other to gain much strength to run a bull run but unfortunately the analysis as shown that the market is struggling to go up but market is not supporting it to be bullish. So for this reason, I think market is trying take out some liquidities then gain more strength from nearest resistance line available.

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.