Daily

WHAT is going on at the moment??? I'm not sure anyone has an answer, and it would seem we will all have to see how this rides out over the next few weeks.

Sell volume increased dramatically over the last few days, which saw us dip below 8.5k briefly, but today has been a complete turn around back up and over 9.5k.

Trend line

You will also notice from the chart above that price moved back in to the downward trend line in the last few days (which was NOT nice to see), but today, price is trying to move back out and above the trend line. Hopefully price continues upwards and we start to move away form this trend line completely!

Your thoughts on the current Bitcoin price action?

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SmilingLlama

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SmilingLlama does not provide investment advice, and nothing in his guides or any articles or communications from SmilingLlama should be taken as such, everything is for entertainment purposes. SmilingLlama recommends you seek financial advise from a certified financial advisor before making any investment decisions