The Range has a strong bearish overhead resistance.
What do you think at the moment? Is Bitcoin the new gold?
I think it will move into a converging pattern or into one with a shakeout and than go down.
In the end we have to wait and go with the tide :)
Happy Trading <3
Trade active
Here you can see upwards absorption -> buying taking place the last days > out of ETH , into BTC
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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.