Bearahead

Bitcoin daily candle analysis

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BITSTAMP:BTCUSD   Bitcoin
Today we came near the ATH but the bulls are out of steem which at the moment. The daily candle is a shooting stari. The bears were not able to push it down enough to make it a bearish shooting star. But be carefull at the moment we are close to the ATH and bulls are weak. If the next attempt fails we go down to the resistance at around 3860$. It would be wise to go short and buy in if the resistance at 4480 is broken.

Wish you all good trades.
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