CeoCodes

BITCOIN MSNFX RETRACE

Short
CeoCodes Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin price tried to break the all-time high but couldn’t manage to do it on all exchanges just yet.
The current price action looks very similar to previous Bitcoin rallies.

On December 1, Bitcoin attempted to crack the previous all-time high but only managed to do so on a few exchanges. The current price action resembles what happened back in 2017 when Bitcoin tried to crack the all-time high at the time at $1,177 and briefly managed to climb above it just to fall within the next few days.

The current price action is definitely similar as Bitcoin did crack the last all-time high by a couple of dollars on some exchanges and retraced shortly after.
Trade closed: target reached:

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