Bitcoin Technical Analysis: IS THIS RISE SUSTAINABLE?

in #cryptocurrency8 years ago (edited)

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Bitcoin has risen $200 in the last few hours, but volume remains extremely weak.

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I’m running out the door, so all analysis today will be in the below video. In today’s video analysis, I discuss the sustainability of this latest rise in price, traps to avoid, my Elliot wave count and MUCH more. Hope you all have a great weekend!

Video Analysis:

If you’re viewing this on a site other than Steemit, and you don’t see the above video, navigate to Steemit or TIMM (https://mentormarket.io/profile/@workin2005?aff_id=Workin2005) in order to watch.

BIAS:

Short Term: Neutral
Longterm: Very Bullish

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

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