YASHU GOLA, author from Bitcoinist portal says that *The last few weeks have encountered the flagship cryptocurrency in a tireless uptrend, setting one year-to-date high after another. On Wednesday, it achieved another mettle by jumping towards $18,500, a level it last touched in January 2018 during a corrective downtrend from $20,000.*
He also said:
But to some analysts, the ongoing Bitcoin price rally has risks written all over it. One of them—a TradingView.com-based pseudonymous chartist—discussed those bearish possibilities in a note published earlier Tuesday. He detailed them with three technical indicators, adding that they hint Bitcoin would fall to at least $13,868 in the coming sessions.
Covered topics are:
#1 MACD BEARISH CROSSOVER
#2 BITCOIN PRICE-VOLUME DIVERGENCE
#3 THE INVERSE HEAD AND SHOULDER PATTERN
The content is easy to read, so if you are interested, please go *HERE* to read the full article.
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