BITCOIN IN SHORT-TERM TROUBLE? TWO RESISTANCES HIT
If you’re long in Bitcoin, beware. Two big resistances are both being hit at the same time.
First there’s the 2019 high. Secondly, we hit the upper limit of the upward channel since march. My advice would be exiting your short- and medium-term investments and look for a new buy-in around $12,000. I’m still long-term bullish on Bitcoin.
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First there’s the 2019 high. Secondly, we hit the upper limit of the upward channel since march. My advice would be exiting your short- and medium-term investments and look for a new buy-in around $12,000. I’m still long-term bullish on Bitcoin.
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If you like this analysis, please like, subscribe and comment.
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