BringTheFingerBack

Everyones waiting for BTCGBP

KRAKEN:BTCGBP   Bitcoin / British Pound
Simple graph showing BTCGBP at a critical point running into a major resistance level on the daily chart. Many indicators suggest that BTC is currently overbought but this yoke does have a mind of its own. Not financil advise, so its not.
Comment:
Looks like we have a rejection along the major resistance line. Bulls struggling to hold the line and push higher. BR-20 is in full shitcoin mode and has caused major a fee hike within the bitcoin network. Crypto market is adding more layers getting ready for new money to flow in at the next halving.
Comment:
Recent SEC ruling crypto a load of shite has seen most top 100 coins fall 15-20% overnight. BTC saw a 5% drop in value. Store of value that is, so it is.
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.