Bitcoin Update #02 - Another step towards another bull run !?
Hi, today we are going to talk more Bitcoin and its current landscape.
We have a breakout of the resistance at 61% of Fibonacci the main level of the retracement; we can now affirm that short term bearish trend, was overcome by the bulls. However, we should remember the shooting star pattern at the weekly timeframe and even with the end of this short term bearish trend (daily chart). We should proceed with caution before the total consumption of the shooting star pattern by the bulls.
We have a breakout of the resistance at 61% of Fibonacci the main level of the retracement; we can now affirm that short term bearish trend, was overcome by the bulls. However, we should remember the shooting star pattern at the weekly timeframe and even with the end of this short term bearish trend (daily chart). We should proceed with caution before the total consumption of the shooting star pattern by the bulls.
