Bitcoin Deserves to Be Watched Again

Bitcoin Deserves to Be Watched Again

It has been several days since we looked at Bitcoin. I expected it would be range-bound for several days, and so it has. But it seems that the Bitcoin arena might get exciting again soon. Both the long-term and the shorter-term setup I have been watching on the daily chart are both approaching their respective resistance arcs. And we are now very close to an energy point in time, so let’s take a look, first at the short-term daily chart: I have highlighted with blue arrows points at which the setup was able to forecast trading opportunities. Of course, it bears repeating that technical....


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