Sublime_Trading

Bitcoin Stuck In Consolidation

BITFINEX:BTCUSD   Bitcoin
Last post: July 19th 2019. See chart.

Review: Price was trading back above the 50 simple moving average and the $10,000 round number.

Update: Price looked bullish recently but is stuck in an area of consolidation

Conclusion: We need price to break out of consolidation to confirm the trend direction.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading

Join Our Private Community

bit.ly/join-ST-community

Plus Get Our Ultimate Stock Market Blueprint.
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.