Bitcoin – Reviewing the current rally
BTC/USD COINBASE:BTCUSD
Isn’t it great to see appreciation in BTC after such a long period of decline. In this chart you can see BTC has broken out of a symmetrical triangle formation (dotted black line) and is now approaching major resistance at $45.5k.
Will it pull back at the point and re-establish its downward trend, or continue to land on the moon?
The head winds are strong and I feel that the correction is not yet over. But what do you think?
