BitcoinUpdated Bulls seem exhausted
1 hour time frame trend line broken. Does not look good for bulls. Closed under two support lines. The one coming in from the top is from our macro high at about 13.8. Acted as support and resistance on many many occasions. The trend line from the bottom is from our recent low.
Note
not shown, but bottom trend line is from 9.5 not 10k.
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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.