amin786

BITCOIN 5.5 YEAR RESISTANCE

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is currently attempting to get back above a 1964 day diagonal support and resistance line. It's no wonder that all the indicators are looking weak and price action seems to be running out of steam.

Likely scenario is that we will need to seriously cool off after a proper retracement before attempting this again. So yes I do NOT expect us to succeed at this second attempt (first time was a couple of days ago when it sold off from ATH )

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out