Is The Bitcoin Bear Market Ending?!?! - Daily Bitcoin Screening: $8,610 (4hr chart)

in #teamcrypto7 years ago

#Bitcoin is still in this somewhat of a consolidation phase. I think which side of the orange lines we break out to will tell us whether we're going to test either our major #support below or major #resistance above. Either way, these support and resistance lines are converging and will meet eventually. Be on the look out for any news that may sway Bitcoin. Oddly, I have been hearing a very positive tone for #BTC and #crypto in many spaces. This could be a potential sign of the end of this #bear market. One can only hope. As always, stay vigilant!

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