Bitcoin price action has certainly been interesting the past week. After seeing price rally to an obvious resistance point and bounce off we saw a higher low created and then another run at the 8,300 area resistance only to back off again.
Gearing up or breaking down?
That’s the question right now. After failing to break the 8,300 area again price did not pull back much and is showing some green the past 24 hours.
Honestly we are floating in the middle right now with a 50/50 chance or going up or down.
Upside – price pushes higher from here and breaches 8,300 on
Bitcoin Short-Term Double Topped – What’s the Next Move?
May 24, 2019
Published by timm
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