Bitcoin Weekly

2020年6月3日

The weekly (W) chart for Bitcoin (BTCUSD) 'technically' looks good...
We have prices trading above EMA10, EMA50, and all major EMAs we use, and there is also a bullish pattern but...

The week just got started and we had a strong rejection already...
The trading volume is still low and the $10,500 resistance remains active since October 2019.

There can be some strong retrace/correction this month... Bitcoin already went positive for 2.5 months.

It looks like it is the Altcoins time to shine and grow... or not?

See below!

Namaste.