Is Bitcoin about to beat the 200 week moving average this week?

By stewdamus
Traders,

Bitcoin is working hard against current overhead resistance. Currently, it has beaten the 200 week but to be sure, we need to see a close above 22,800 in 2 days when the weekly candle closes.

Also, I will review what the dollar and VIX may indicate regarding market price action next week.

And finally, we'll review a few of the altcoins that continue to call my name.

Stew

altcoinsBitcoin (Cryptocurrency)BTCUSDChart PatternsdescendingwedgesdollarTechnical IndicatorsmarketupdateTrend AnalysisTriangleDJ FXCM IndexVIX CBOE Volatility Index
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