฿ Bitcoin BTC/USD Daily Video, August 28, 2019

Sive Morten

Special Consultant to the FPA
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18,648
Good morning,

Bitcoin keeps long-term positive mood but strongly needs short-term driving factor that could push it out from wide consolidation. Now price shows indecision action inside triangle shape. Further direction will depend on its breakout either to 9K or to 11-11.2K targets:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
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