BitcoinLong
BTC USD Downtrend Reversal and New All Time Highs
This morning BIP 91 is set to lock in with the required 80% of mining power. See this Reddit thread for more info: reddit.com/r/Bitcoin/comments/6ofake/bip91_is_currently_projected_to_lock_in_during/
BTC is rallying fast and high with the high prospects of SegWit and Lightning Network on the horizon. The price broke out of the current downtrend channel with high volumes, and is currently testing the $2700 resistance level.
I suspect the price may revisit the $2550 and $2320 support levels before climbing to test the all time high of $3000, and then beyond.
BTC is rallying fast and high with the high prospects of SegWit and Lightning Network on the horizon. The price broke out of the current downtrend channel with high volumes, and is currently testing the $2700 resistance level.
I suspect the price may revisit the $2550 and $2320 support levels before climbing to test the all time high of $3000, and then beyond.
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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.