Bitcoin Price Already Above Point of Control Long

Bitcoin / U. S. DollarKraken

Description

⋅ Jan 16, 2020 10:54 PM

Bitcoin has blasted through the Point of Control on the VPVR. It's almost smooth sailing upwards at this point. 8100 area is now likely to act as strong support. We may never see a sub-8K Bitcoin again.

Peace, Love, & Crypto,
B166er

Trend Analysis Bitcoin (Cryptocurrency)

Comments

kardia

⋅ Jan 17, 2020 5:03 PM

And it can just easily fall below the POC. This doesn't really tell us much.