Bitcoin Finds Support Set To Break Out Up Or Down?

in #bitcoin7 years ago

Looking at this video Bitcoin looking to have found support but not ready to take out its all time high yet. A wedge seems to be forming gradually upwards but not ready to take out the all time high in the short run.

If $3500 is breached however then Bitcoin could be heading down to support at $2700 level.

I have found this guys analysis very good for last 3 months and accurate and i subscribe to his Patreon channel. He has steadied my nerves in these wild fluctuating markets.

Bitcoin to summarize could be trading sideways for a while taking a breather ready for its next move,hopefully higher.

Wishing you good health wealth and prosperity.

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