Bitcoin

BTC facing resistance

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Waiting to see what BTC does with upcoming critical level. Breakout past 8650 could be a good signal to enter. But will likely wait for a large candle to truly break resistance before I enter for a swing.

BTC is follow 2017 pattern but difficult to tell if this may happen again. Robinhood is rolling out more account access to purchase BTC and ETH on their market. Could help bring in new buyers. If it does follow 2017, then end of march / early april could be a nice bullish month we been waiting to see for 2018.
Tax season will be over soon too, but sell off could be partly because of everyone trying to pay their taxes.

:'( Capital Gains Tax :'(

Happy trading weekend. Wouldn't be surprised if action slows down and quickly picks up sunday night.
Cheers

Penafian

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