Been waiting over 4 months for this, will btcusd break the 4 month resistance. In log view we can see btc has still not broken out yet but very close. If it touches the red line may drop $200 before breaking through the resistance. Fingers crossed. Please let me know if you think otherwise.
Quite a few people are saying BTC is now out of down trend, however if we turn on log view in the bottom left, it still has not crossed the big resistance.
A lot of big traders use the log view, therefore if we cross around the $8500 range, I would then like to think we are out of the down trend and prices could rise quite quickly.
Any one that knows me, knows I ...