The consolidation since early august continues.
BTCUSD
Only a move below the rising green trend-line around $545 would indicate that something is wrong with the bull thesis.
But as long as Bitcoin is holding above its 50MA ($592) and especially above its 200EMA ($553) a rally towards the next resistance level around $635 should be just a question of time.
Let´s keep the stop at $495.
BTCUSD
Only a move below the rising green trend-line around $545 would indicate that something is wrong with the bull thesis.
But as long as Bitcoin is holding above its 50MA ($592) and especially above its 200EMA ($553) a rally towards the next resistance level around $635 should be just a question of time.
Let´s keep the stop at $495.
