Bitking786

Makes and Breaks Level for BTC in Monthly Timeframe!!

BITFINEX:BTCUSD   Bitcoin
Technical analysis:

#BITCOIN (Monthly update)

* BTCUSD is trying to break the Raising wedge Pattern resistance in Monthly timeframe.

Bitcoin Bulls need to Reclaim the 66k Horizontal Resistance for further Upside movement ..

*BTC is now the most important zone right now, its makes or breaks level for bitcoin. if BTC doesn't break out may reach the 40k level again.

* RSI above 70 means bulls are in the upper hand, it will take the momentum from here and still have room to go upside..

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Penafian

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