The Maestro!
www.themaestroway.com
Bitcoin support failure.
8 years ago by themaestro (51)
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I know its been hard to chart bitcoin somewhat but have you came up with any short term predictions yet? I guess we need a little more data before we can tell if its in the channel you spoke of or weather it will drop or continue to raise.
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laconically as so often. the chart speaks for itself...
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I think we need to see a longer term chart to find long term support. It may give us an entry point during any pull back.
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Bitcoin was in a ascending wedge, which expected to break out to the downside.
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It's important to realize there are a lot of support/resistance breaks only to have it switch very rapidly the other direction.
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