In yesterday's comment, I said that [url=]I expect a new all-time high from Bitcoin by year's end, but the most important crypto seems in a hurry... After yesterday's break above short term resistance around 18.300-18.500 BtcUsd has risen above 19000 and now is hovering just under ATH. From a technical point of view, Bitcoin looks like is creating an ascending triangle with resistance at around 19500. A dive to 18500 is not out of the question, to complete this patter, but I expect this to be short-lived and this support to be well defended by buyers. Also, in my opinion, if we indeed assist this break, BtcUsd could rise pretty quickly and reach 22.500 zone
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.