BTC/USD Price Analysis Update

in bitcoin •  9 months ago


Getting some expected resistance right on the upper trend line... this is the first time in a while where daily price tested the trend twice in only a weeks time spand...we can see higher highs and higher lows being formed for few weeks now...we are actually on a short term bullish trend since we hit the bottom of this wave...still early in the day.. if we end up breaking resistance and building a higher high around 12k-12.5k it will be a good indicator of a longer term bull market maybe the start of a new wave coming in to March...Any thought?

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