Breaking Bitcoin Market Updates 12-27-18

in #crypto5 years ago

Here is the big picture for Bitcoin at the moment. After a nice bullish rally that lasted a little over a week, Bitcoin is consolidating around the 50-60% area of it's bullish impulse. If we compare Bitcoin's push here to it's previous high, all we have been able to do is form a lower high. We can now plot a descending trend line on the daily chart connecting the last bullish impulse upwards to our latest run up. We now have a metric....

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