BITCOIN: Ascending Triangle action [BTC/USD price update 3/19/2018]
ASCENDING TRIANGLE FORMATION:
There is resistance seen at about the $8595 area. BTC is looking to break past this resistance level to push into $9k or shall fall and have a significant correction possibly into the $7k area.
We are seeing higher highs and higher lows forming and the ascending triangle formation is holding.
For future viewers: price of bitcoin at the moment of posting is 8522.20USD