Husain_Zabir

Bitcoin's weekly chart you need to see

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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so in above chart you see that Bitcoin prices are now trapped in gigantic symmetrical triangle and we are now so close to the resistance level coming all the way from 20k mark of Dec 2017
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also we are getting FIB618 key level exactly at 10350
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so before moving higher its necessary for Bitcoin bulls to break this triangle
what i think that prices will remain stable for some weeks between 105xx - 97xx zone
as there's an ongoing fight between bulls and bears, but this situation will create perfect atmosphere for altcoin markets, so cheers...
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Thanks for reading...
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this is Husain Zabir, signing out
Thankyou...
Trade active: My custom RSI has now moved to the pink zone in weekly chart which indicates that bulls are getting the control more than 50% on prices, a really good sign for BTC bulls :)

Comments

Seems like bears are in control now
Reply
Husain_Zabir TelecomTycoon
@TelecomTycoon, let them enjoy their valentines :)
+1 Reply
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