BTC has formed another pennant as part of its bull market. Watch the 9 & 20EMA lines for crossovers. A breakdown would indicate the long-awaited retracement has started without the expected $US20,000 target being reached. No sign yet of feared "manipulation" by the futures traders, who, as one observer noted, still have to get used to this market.
Kommentera:
Now this looks like a breakout upwards. Another push for $20k?