A quick chart to show a well defined symmetrical triangle is about to end.
Price was hovering around the 650$ level as expected.
We had a double top and double bottom with some volume. I don't really know which side will be prefered (indicators defers depending on scale/timings).
With the fundamentals about Apple re-allowing btc-apps, CEO of eBay/Paypal about they will have to integrate Cryptos or also Dish network accepting bitcoin I would bet on breakout to the upside. Still I'm waiting for a 680$ break as confirmation.
Also 2h and 4h Ichimoku Cloud seems to be supporting the 650$ level.
Price was hovering around the 650$ level as expected.
We had a double top and double bottom with some volume. I don't really know which side will be prefered (indicators defers depending on scale/timings).
With the fundamentals about Apple re-allowing btc-apps, CEO of eBay/Paypal about they will have to integrate Cryptos or also Dish network accepting bitcoin I would bet on breakout to the upside. Still I'm waiting for a 680$ break as confirmation.
Also 2h and 4h Ichimoku Cloud seems to be supporting the 650$ level.