Here's what Bitcoins looking like for the next few days.
1 hour candles showing sideways trading the last 24 hours between $3270-$3166 bollinger bands narrowing and moving averages consolidating.
Difficulty Change in 2.5 days.
Segwit lock-in in 2.5 days.
Segwit Road-map.
It looks like were getting ready for another big breakout this week
All will be clear after difficulty change in 2.5 days, a big rise in dedicated hashing power will speed up activation period in Segwit and I think it will come earlier than expected possibly within the next 2 weeks.
Looking like upward mobility is definite...I would say buy
Disclaimer: Views contained are my own opinion based off of charts,trading is risky business do so at your own risk and dont trade more than your willing to lose.
Previous Bitcoin Technical Analysis
Chart source: Cryptowat.ch
Difficulty Chart: Bitcoin Wisdom
Segwit Activation: xbt
Segwit Roadmap: bitcoinmagazine
Check out #chartart for more Technical Analysis.
