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Bitcoin Technical Analysis: POUNDING ON CRITICAL RESISTANCE by workin2005

View this thread on: hive.blogpeakd.comecency.com
· @workin2005 ·
$8.79
Bitcoin Technical Analysis: POUNDING ON CRITICAL RESISTANCE
![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### Bitcoin is pounding on top of the critical resistance zone I’ve pointed out these past few weeks. Eventually this will break, or price will fall. A break above this resistance zone would likely send price rising to at least $7,500. 
![Screen Shot 2018-08-29 at 9.16.54 PM.png](https://cdn.steemitimages.com/DQmQPrzkQmWPR8pnHMFv7SMuzvUUZFKnMpQUfYh1xR3NAzW/Screen%20Shot%202018-08-29%20at%209.16.54%20PM.png)
### A bearish view could have price within a bearish rising wedge. If this is accurate, we may see price topple over and fall rapidly to at least $6,540 or lower. 
![Screen Shot 2018-08-29 at 9.18.16 PM.png](https://cdn.steemitimages.com/DQmRLnav71nUMsiisGCes1UxNsxv8drkMPSd4KoR8XuVomX/Screen%20Shot%202018-08-29%20at%209.18.16%20PM.png)
### In today’s video analysis, I discuss what to expect in the next few days, traps to avoid, where to set your stop-loss's and entry points, and MUCH more information you won’t find above. 
## Video Analysis:
https://youtu.be/om3OiDVgnoU
#### *If you’re viewing this on a site other than Steemit, and you don’t see the above video, navigate to Steemit or TIMM (https://mentormarket.io/profile/@workin2005?aff_id=Workin2005) in order to watch.*
### BIAS:
**Short Term:Neutral**
**Longterm: Very Bullish**

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
## **If you found this post informative, please:**
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authorworkin2005
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created2018-08-30 01:28:45
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