Bitcoing - Ascending Triangle Continues Uptrend

Apr 02, 2019

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Bitcoing - Ascending Triangle Continues Uptrend by KQMarkets on TradingView.com

We see an ascending triangle continuing the Bitcoin uptrend as buyers are prepared to pay higher prices whilst sellers stay at the same level.

There was a breakout over the long-term resistance level around $4400 for Bitcoin that was capping price action.

Volume has increased on the rally following the breakout which could see Bitcoin move towards the next major resistance level at around $5200.

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