Bitcoin to pullback to its historical support before aiming high
After the Bitcoin Cash split and the segwit confirmation, there were some free money from shorting BCH and BTC got a fresh look with segwit. THe best thing that happened, is passing the previous top and finding new support levels at 2900-3000.
It should test those new support levels for a while before aiming for new heights. The loccal support of 3300 is a good trade signal. Check the RSI and aim for the next Fib level (@3700)
It should test those new support levels for a while before aiming for new heights. The loccal support of 3300 is a good trade signal. Check the RSI and aim for the next Fib level (@3700)
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It aimed higher but without retracing. Not healthy for bitcoin