An Exciting Time for Bitcoin Traders Looms

An Exciting Time for Bitcoin Traders Looms

The 2nd arc of the 3rd arc pair has stopped bitcoin price for three days now. The arc is being tested again as these words are being typed. The resistance line drawn in pink is also still holding, but continues to be tested several times a day for the past few days. My belief continues to be that the resistance will fail shortly, though there is always the possibility that the arc resistance will hold and force price lower. However, I tend to think that if that were going to happen it would have happened already. Buying strength seems strong. When/if the arc fails, as I expect, as you can....


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