Bitcoin Short Term Price

in bitcoin •  6 years ago 

Bitcoin is still ranging between 6350-6800 but after BTC recent $300 move up we have since formed a higher low & now coming to the end of a short term ascending triangle, but with volume declining as we approach resistance & very little new retail money entering the space, I greatly favor us staying in the range a little longer, I would expect a retest of the green support line if BTC breaks down on the triangle.

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Good Call! I noticed the flat lining this past week as well. Check out my chart of BTC. Once we broke $6600 I knew we were headed to a $6250 area but It came down hard to $6000 and I was like oh damn Screen Shot 2018-06-23 at 1.16.52 PM.png