Updated

BTCUSD STILL IN RANGE - WATCHOUT FOR CHANNEL BREAKOUT/BREAKDOWN

BTCUSD has had a very steep climb with a very little retracement for much of the bears liking. Agressive buying seen in BTCUSD taking Bitcoin to the ATH regions over 19000$. If the price sustains above 18500$ range, we may see some good consolidation in BTC, thus ETHUSD may also creep up in value.

Note

Nice breakdown in the BTC market.

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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.