As per previous updates Bitcoin has been testing the daily resistance of the wedge formation and we expected this breakout, great to see, the weekly chart which I will posy next also showed this was likely and also suggests new ATH is not too far into the future. Short term resistance I see is the 200 MA around $48,000-$48,2000 the obviously the big even of $50,000.
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.