UPDATE - BTC/USDT Technical Analysis: The Bulls are back!!

Hey guys, yesterday I posted an article about bitcoin(link). Today I would like to give you another TA because the price of bitcoin followed it (only broke out of the bullish pennant). I am writing this post a little earlier because usually on Wednesdays I am announcing new giveaways so if you are in my giveaways, don't worry I will post another announcement later today.

Technical Analysis

The trend of bitcoin continued to rise up, but we must not forget the bears. They are trying hard to push the price of bitcoin down. It formed a Cup & Handle but it ended up bearish. Now bitcoin should bounce on the new support line and then I will do another TA to keep you guys updated.

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My latest posts:

BTC/USDT TA: https://steemit.com/crypto-news/@patrik.malinsky/the-bulls-are-back-again-bitcoins-price-continues-to-rise-btc-usdt-technical-analysis-29-5 Steem Monsters article: https://steemit.com/steemmonsters/@patrik.malinsky/what-do-i-think-about-steem-monsters-a-game-where-you-can-earn-more-steem-sbd Okey Dokey token:https://steemit.com/introduceyourself/@patrik.malinsky/introducing-okeydokey-amazing-security-token Colour combinations on charts: https://steemit.com/steemit/@patrik.malinsky/tip-enhance-your-technical-analysis-with-colour-combinations

Disclaimer:

I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts. It should not be considered financial or investment advice of any kind.