I think that Bitcoin Possibilities are endless but Bitcoin will face a lot of resistance as shown in my chart for 2 reasons :
1- Price now is over 55% of profit from the low.
2- We still working in down trend and to break out the down trend it will need a lot of work.
but we have a very nice pattern on the chart which is very promising all what we need some power of the buyers.
1- Price now is over 55% of profit from the low.
2- We still working in down trend and to break out the down trend it will need a lot of work.
but we have a very nice pattern on the chart which is very promising all what we need some power of the buyers.
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Related publications
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.