If you didn't read my previous analysis then you should check it out here before reading on.
https://steemit.com/bitcoin/@stevedn3/bitcoin-update-23-2-18
As expected we did not dip below 9000 nor did we breach the resistance line over the weekend. Today we managed to test resistance creating a fourth point of contact.
The question still remain if we will manage to get above this level. Everybody is watching the same level and once it breaks we should see a LOT of follow through.
Price is being funneled into this wedge formation so me might see price bounce around for a couple of days.
Keep an eye on these trend lines, if we break through resistance I am looking for a move up to 15000
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