Update On Bitcoin

in #bitcoin8 years ago (edited)

Bitcoin has breached the descending trendline (sloping lower from record highs) on linear scaled chart. (left)

While on the log chart, BTC is trading well below the trendline resistance.

(Daily chart, Data via Coinbase) !

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it's looking ugly now!!

Breaking the trend line still doesn't indicate the upside! We will see a lot of ups and downs for Bitcoin:

However, good to see you sharing your analysis!!! We need such people on this platform to educate as much people as possible.

Good fosting ^^ and follow see you ~~~