As governments around the world continue to probe ways into your cash, Bitcoin continues its strong long term run with only the all-time high ~$1100 putting a ceiling on action. If (when) that happens, BTCUSD will emerge from four years of consolidation.
Note
Another cap in the short term would be the weaker RSI (13) readings on this weekly chart - bearish divergence not only December to February, but even larger is the May 2016 to the December 2016 as price moves higher without tandem signals of the oscillator.Note
and the BTC-USD chart has been batcrap volatile since I published this.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.