Breaking the Triangle! BTC is going up
Earlier today, BTC broke the standoff for and headed north for the short-term. Will this be an early indicator of a reversal? My guess, yes in the medium term.
Looking at the recent history, Bitcoin is facing strong support at ~10000 level and strong resistance at ~12700. We will expect BTC to travel in between this interval for the next week. A violation at 12700 will indicate the end of the bearish market starting from the end of 2017.
Looking at the recent history, Bitcoin is facing strong support at ~10000 level and strong resistance at ~12700. We will expect BTC to travel in between this interval for the next week. A violation at 12700 will indicate the end of the bearish market starting from the end of 2017.
註釋
Let's get on the train and patiently wait for the price to hit 12700 before BTC makes its next big move.
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