Bitcoin's Price May Be Charting a Bull Reversal
A long-term bull reversal (bear-to-bull trend change) would be confirmed if BTC bounces off the support at $6,000 and sees a high volume break above $6,832 (neckline resistance).
Good article if you're into the technicals of bitcoin, many different scenarios laid out, I especially like the inverse head and shoulders pattern of the chart above. So we really need to get above that $6832 level.... Also the article goes on to say that the chances of bitcoin falling below $6000 are pretty low.
Read the full story here...
https://www.coindesk.com/bitcoin-may-be-building-for-a-major-bull-reversal/
Update on the price of bitcoin, looks like the $6000 level is holding....
Now it is a very choppy market. But I hope you are right. I think after 10 to 15 days, It will be pumped. What do you think?
No clue, I'm the worst short term trader ever.... lol
For reference bitcoin at $6400 right now
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@onthehook8, I do not understand anything written