Bitcoin price is teasing us again with upward price action. Price hit its head on the upside resistance of 7,600 and at the same time is riding along the bottom side of the ascending channel that it had broke down from just a week or so ago.
Schizo Price Action ...
At this current time we need to see price finally establish above 7,600 otherwise we may continue to grind sideways and revisit 6,800.
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Bitcoin's price action is trolling the hell out of traders... It retests, people short, and the price drops a little before pumping back up... Let's see how long this will keep going, I wonder what will happen around the halving day.
Posted Using LeoFinance
Yeah, active traders are getting whipsawed and chopped up like something fierce. Ironically, the US stock market did the same thing Thursday/Friday...I was a victim lol.