shubbs

The trendlines that are confining Bitcoin in a range now

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COINBASE:BTCUSD   比特币
1. The green support line since February 2019 low has provided support several times in April and is also now in play as support for Bitcoin.
2. The green support line which were the lows for waves (A) and (C) in this correction since June 26th.
3. The green support line for the double bottom at $9071 on July 17th and $9118 on July 28th.
4. The red resistance line since the high at $13202 on July 10th representing wave (B) in this 5 week correction since June 26th.

Volatility should return soon to Bitcoin. The apex of the support line since February and the resistance line since July 10th comes to a head in the next day or two.

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