BTC/USD bullish trend

14 בפבר׳ 2020

Bitcoin is making its way bouncing between support and resistance within an upwards trending wedge. At the moment of writing it is supported by a 50% Fibonacci Retracement level. BTC remains above EMA Ribbon and Lucid SAR indicators, showing that we are still in a strongly established bull trend. However, in case bitcoin price breaks below the support line, we might see a bigger correction below $10,000.