$BTC break short term resistance. Bullish or Bearish?
We love to see this as expected! We're looking to close daily price @ $7000 or more bullish. This is caused by CBOE expiration on 19th September. Long-term we're bullish as massive adoption and progress also development continues around blockchain community, but really we need to consider short-term as locking profit phase. Ultimately for future trader (short and long).
We will wait for more confirmation but we watching this out as RSI level might turn to overbought.
Trade safe.
We will wait for more confirmation but we watching this out as RSI level might turn to overbought.
Trade safe.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.