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UnknownUnicorn3942995
Aug 8, 2020 7:55 PM

Will BTC break through this Weekly Resistance!? 

Bitcoin / DollarBitfinex

Description

BTC has had a strong bullish run since the flash crash in March of this year, with price making the highest Monthly candle close since December 2017! Since my last analysis (linked) price has broken through both the Monthly Resistance of $9990 and Monthly downtrend. Price now finds itself testing the $11651 Weekly Resistance with just over 1 day to go until candle close. Price has not closed over this level since Jan 2018, which would make this the highest Weekly candle close since. Has BTC finally found a top or will this be a continuation of the bullish run?
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