Wednesday 28 October 2020

Bitcoin breakout - will it last?

Bitcoin breakout... will it last? (BTC re-tests trendline). This week we saw a strong breakout on Bitcoin above a key resistance trendline. However, what does history and statistics tell us about these kinds of breakouts above a rising trendline? Do these breakouts usually succeed or fail? And what about ethereum and stock markets - what can they tell us? We look at the charts. Video by Alessio Rastani