BITCOIN - Comeback ? -
• Sentiment is slowly improving in the markets, benefiting cryptocurrencies
• Bitcoin advancing slowly since the start of the 3rd quarter
• Series of higher lows and higher highs
• Ascending channel on daily chart
• Bulls need to break the 24700 level to confirm the higher highs pattern
• Second resistance to break is 26600
• Bitcoin advancing slowly since the start of the 3rd quarter
• Series of higher lows and higher highs
• Ascending channel on daily chart
• Bulls need to break the 24700 level to confirm the higher highs pattern
• Second resistance to break is 26600
Ramzi Abou Abdallah, CFTe, CMT
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