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Bitcoin is breaking above its 50-day moving average and out of a triangle consolidation. The cycle is still only 31 days old, RSI is still far from overbought. BTC is likely to break resistance around $11150 and test next resistance at $12000.
FB: https://www.facebook.com/groups/328846917550793
Twitter: [at] MyFinanceTeache
Bitcoin is breaking above its 50-day moving average and out of a triangle consolidation. The cycle is still only 31 days old, RSI is still far from overbought. BTC is likely to break resistance around $11150 and test next resistance at $12000.
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