Bitcoin corrective rally likely once the descending trendline is breached.
Upside could be capped by head and shoulders neckline resistance (former support).
Note volume is falling (supply drying up)
(1-hour chart, data via Bitfinex)
Bitcoin corrective rally likely once the descending trendline is breached.
Upside could be capped by head and shoulders neckline resistance (former support).
Note volume is falling (supply drying up)
(1-hour chart, data via Bitfinex)