Potential Uptrend Scenario for Bitcoin

in #bitcoin • 7 years ago

Could Bitcoin be following this up trend line?

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Or will it get smushed and forced down by its inability to top new levels and make new higher highs on increased volumes?

Bitcoin has tested and established a floor at $3,510 twice. However, could this still be the right shoulder to the head and shoulders pattern? Bitcoin needs to rally and break $4,000 and $4,125 to prove that it's not the consolidation and reversal pattern that it might potentially be.

Thoughts?

#ethereum #litecoin #cryptocurrency #analysis
7 years ago in #bitcoin by
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     7 years ago 

    Hi, Steemit family" Nice to meet you,
    Great Post <> good luck <>..!!!

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       7 years ago 

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