Bitcoin Price Technical Analysis for 07/03/2017 – Waiting for a Breakout

in bitcoin •  8 years ago 

·Bitcoin price has formed lower highs and higher lows, creating a symmetrical triangle on its 1-hour chart.
·Price is currently testing the resistance and might be due for a move back to support.
·The triangle formation spans $2100 to $2900 so the resulting breakout could be of the same size.

Read more here: http://www.newsbtc.com/2017/07/03/bitcoin-price-technical-analysis-07032017-waiting-breakout/

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I think we're all waiting for that breakout. Perhaps it's going to happen when the Segwit issue is resolved once and for all in August.

good

BTC will go up slowly! I bet on LTC!

Thanks for this post