Bitcoin rally to top parallel
Maybe it's a coincidence, but bitcoin has rallied ~20% since the killing of Soleimani, and as btc is aiming to be a store of value (like gold in blue), rallying in a risk off situation is a good sign.
After breaking through the Yearly & 200 day moving averages, bitcoin is now at resistance. This pitchfork formation has dictated price, so will we see a stop to the rally?
After breaking through the Yearly & 200 day moving averages, bitcoin is now at resistance. This pitchfork formation has dictated price, so will we see a stop to the rally?
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.