Will BTC break through this Weekly Resistance!?
BTC has had a strong bullish run since the flash crash in March of this year, with price making the highest Monthly candle close since December 2017! Since my last analysis (linked) price has broken through both the Monthly Resistance of $9990 and Monthly downtrend. Price now finds itself testing the $11651 Weekly Resistance with just over 1 day to go until candle close. Price has not closed over this level since Jan 2018, which would make this the highest Weekly candle close since. Has BTC finally found a top or will this be a continuation of the bullish run?
Related publications
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.