Bitcoin Technical Analysis: Is Bitcoin Topping Out?

By Workin | Technical Analysis | 30 May 2019


Bitcoin is showing signs of exhaustion. Yesterday I said it looked like price may test the $8,400 support. Bitcoin did break down to $8,425, where buyers stepped in to push it back above $8,600.

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I apologize for the lack of text...I’m Running out the door. Here are my quick thoughts on where price my be heading next. I hope you find helpful.

Video Analysis:


I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

Disclaimer: This is NOT financial advice. 

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Workin
Workin

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom


Technical Analysis
Technical Analysis

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom

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