$10K Test? Bitcoin Price Hits 4-Week High As Altcoins Shine

onthehook8 (72)in #bitcoin • 7 years ago

The long-term descending trendline has been breached in a convincing manner, signaling a long-term bullish-to-bearish trend change.

The 5-day moving average (MA) and the 10-day MA are trending north, indicating a short-term bullish setup.

The 200-day MA resistance is lined up at $9,737.

Good article, I'm not really a chart guy, but I have to say this looks good to me!

7 years ago in #bitcoin by onthehook8 (72)

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onthehook8 (72) 7 years ago

What do you think, 10k next week?

I say..... yes!