Bitcoin about to break its 6 month falling wedge?
Dear traders, as you can see bitcoin is getting very close to breakout out of its falling wedge that it's been in over the past 6 months, until this point bitcoin has remained bearish however it looks like we may breakout, if this is the case we could easily test 10,000 by the end of the year if it starts a bullish uptrend. Furthermore bitcoin has finally found its way above the daily 21 EMA and closed above it the past few days furthermore indicating Bitcoin is starting to turn bullish as opposed to being bearish. Please don't base any financial decisions off this graph and please do your own research. Thanks for reading!
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.