Bitcoin has been pushing higher reaching overhead resistance between $775 and $740...
Note how the Bollinger Bands are starting to move sideways!
If this is another ascending triangle we should soon see a pullback towards $625/$590! That of course would be another buying opportunity...
Only a breakout above $775 would be extremely bullish. In that case a spike towards $1,000 should follow...
Note how the Bollinger Bands are starting to move sideways!
If this is another ascending triangle we should soon see a pullback towards $625/$590! That of course would be another buying opportunity...
Only a breakout above $775 would be extremely bullish. In that case a spike towards $1,000 should follow...
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Related publications
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.