As per my previous post Bitcoin has been in what appears to be a bullish pennant from which we have been waiting for the price to break to the upside within 3 days. We now are on day 2 and we have seen the price of BTC fall to the bottom of the support line of this pennant formation.... HOWEVER... We have had a lot of you worried as there has been a wick to...
Bitcoin has been keeping us all waiting over the last week. We saw a break above the all time high last weekend at $58500, this moved was exciting and bullish at the time, however there was concerns that this breakout lacked volume. There was also a CME futures Gap left down at $55000. On market open Monday we first saw signs of weakness and we were unable to...