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Quick update in BTC/USD! How likely do you think is that to happen?
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@eagleboy
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Bitcoin is performing more or less like we talk about in the yesterdays post. Rising wedge, and as we said it needs to retest and return stronger. To gain power so, it will probably retest the level of 17.200$, as it seems in the 1h chart. You can see the light blue lines that fits into the "missing" space between the blue support level. I have to say that light blue lines are equal. I think that it's a reasonable theory but let's see what is goin to happen. What is your opinion.
** 4h & daily charts included!
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