Bitcoin yesterday dumped after testing the previous high and got really closed to the high at 26 June, 2019. A big bearish divergence formed on the daily time frame, perhaps yesterday’s dump is the bearish divergence played out. At the meantime, Bitcoin backed to the short term rising channel support line. I may expect BTC continue to bounce between the resistance and support in the short term.
Sorry for being busy these days and didn’t able to post short term analysis. Sometimes I did noticed some patterns but forgot to share it. I’ll try my best to post more short term analysis.
Sorry for being busy these days and didn’t able to post short term analysis. Sometimes I did noticed some patterns but forgot to share it. I’ll try my best to post more short term analysis.
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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.