CoinChartist

Bitcoin Monthly Market Structure - Bullish Retest Or New Lows?

BITSTAMP:BTCUSD   Bitcoin
Bitcoin is at a crossroads. Either it confirms both downtrend resistance and $10,000 as resistance turned support, and rallies toward new all-time highs or a false breakout of the multi-year symmetrical triangle is confirmed, and new lows are possible. Here's a look at the big picture and overall market structure in BTCUSD.

CoinChartist is run by Tony "The Bull", a level 3 CMT student & technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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