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Bitcoin Holding Bullish Retest, Unlike Past "Tops"
At the moment, Bitcoin is holding a bullish retest on the weekly timeframe. Comparing past tops, the conditions appear to be different. If it holds, it could be expected that the bull market continues. The Bollinger Bands appear to support this theory. Beware of any Black Swan related to Delta or Afhghanistan. There is no escaping a situation like that bullish or bearish.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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