Bitking786

could Bitcoin go to 10k or 40k?? RSI is Trying to break out:!!

BITFINEX:BTCUSD   Bitcoin
Technical analysis: #BITCOIN (Monthly update)

* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame.

*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance for further Upside movement ..

*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish//

* RSI is Trying to break the Down Trend line, if price could break it then it will take momentum from here..

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