Bitcoin support failure.steemCreated with Sketch.themaestro (51)in #bitcoin • 7 years ago The Maestro! www.themaestroway.com #money #silver #gold #markets
I know its been hard to chart bitcoin somewhat but have you came up with any short term predictions yet? I guess we need a little more data before we can tell if its in the channel you spoke of or weather it will drop or continue to raise.
laconically as so often. the chart speaks for itself...
I think we need to see a longer term chart to find long term support. It may give us an entry point during any pull back.
Bitcoin was in a ascending wedge, which expected to break out to the downside.
It's important to realize there are a lot of support/resistance breaks only to have it switch very rapidly the other direction.