Well bitcoin has been stuck in a downwards channel for over a month and it has been a long wait, but looks like it could have just hit the floor.
In the last week it has broken through 2 resistance lines and could now form an upwards channel from now on.
However still be careful, the RSI is very high and the last break through (pump) could just as easy bring it back through that resistance. Next 48hrs should confirm direction.
In the last week it has broken through 2 resistance lines and could now form an upwards channel from now on.
However still be careful, the RSI is very high and the last break through (pump) could just as easy bring it back through that resistance. Next 48hrs should confirm direction.