BTC/USD (Must break bullish or drop -15% below)

Тема в разделе "English", создана пользователем Trading Ideas, 27 мар 2020.

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    BTC/USD (Must break bullish or drop -15% below)
    Bitcoin / U.S. dollar BITSTAMP:BTCUSD
    PolarHusk
    VVxPEwv0_mid.png
    BTC/USD

    Bitcoin is still floating inside this consolidation phase where the price is just trading sideways with a flat line of resistance at 6800 areas.
    The priority remains to the upside for as long the trend-line support and the 50MA on the 4H time-frame holds.
    No major red flags on Bitcoin but only showing some minor weakness because the longer BTC stays on this level
    the weaker it gets as the Bulls unable to break resistance the soonest possible to confirm strong upside momentum.
     
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