Bitcoin Technical Analysis: POUNDING ON CRITICAL RESISTANCE
Bitcoin is pounding on top of the critical resistance zone I’ve pointed out these past few weeks. Eventually this will break, or price will fall. A break above this resistance zone would likely send price rising to at least $7,500.
A bearish view could have price within a bearish rising wedge. If this is accurate, we may see price topple over and fall rapidly to at least $6,540 or lower.
In today’s video analysis, I discuss what to expect in the next few days, traps to avoid, where to set your stop-loss's and entry points, and MUCH more information you won’t find above.
Video Analysis:
If you’re viewing this on a site other than Steemit, and you don’t see the above video, navigate to Steemit or TIMM (https://mentormarket.io/profile/@workin2005?aff_id=Workin2005) in order to watch.
BIAS:
Short Term:Neutral
Longterm: Very Bullish
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Workin
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by Workin2005
