Bitcoin doing a healthy pullback from yesterdays phenomenal run up.
https://media.giphy.com/media/qDqmpiWoJvp9m/giphy.gif
Opportunity has many faces!
The 15 minute chart is showing a healthy and necessary pullback.
[IMAGE: https://steemitimages.com/DQmdrKB6ghrMAKXfHv5VkxEL1RzX882CTo4MLGAnd5bYRSr/btc15.jpg]
The hourly chart has rounded up to a successful cup advancing past the $16,500 resistance with ease. Possible support should be found at $15,900 or maybe as low as $15,000.
[IMAGE: https://steemitimages.com/DQmaLm3bLoFPLt4Vf9WrihKhekyv9yGYkHdjG5Ub83bZDMY/btchr.jpg]
The daily chart leaves me anticipating another try at $20,000 level next week.
[IMAGE: https://steemitimages.com/DQmQNRan74jtS1HZ1P3RuSZK4fvNZ4unbxkgv2jRBX694m2/btcday.jpg]
While the weekly chart suggests the 2 week downtrend has turned around.
[IMAGE: https://steemitimages.com/DQmRh67ZwPyDHZT4xSK6VD7RnZDtvSpjgHc6RLEA1NTRLH6/btcweek.jpg]
disclaimer: These are merely musings from an armchair quarterback. All information is speculation on my part and not to be taken as sound financial advice.
At any given time, I may or may not be holding the coins that I speculate on but will always try to remain objective.
I am currently hodl'ing small positions in BTC and Doge and am so glad I am!
Charts from Trading View... Love this site
KNOWLEDGE IS POWER