Looks like the ascending triangle bottom hold and bounce up + breakout kinda of unexpected as i mentioned i was more bearish in the last post. Despite the bounce and breakout, i m still bearish upside move is limited. Quickly came down to test support of 4000 and bounce up again. Possible consolidation between 4200 to 4000.
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :141
Total marketcap :136
Dominance :51.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
BITCOIN – limited upside
January 7, 2019
Published by timm
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