BTC broke though yet another ceiling today which is now another layer of support as it continues to find a stabilizing point. We see another surge of volume greater than we saw yesterday 12/16/17 meaning we can most likely watch BTC bounce off of this new ceiling before coming back down. Keep an eye on the volume today, if we see some more big volume bars coming in we could potentially blow through yet another channel.
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.