BTCUSD Resistance and Extreme Sentiment

Bitcoin has reached a major parallel. High today was $24 below the 2017 high. When a rally is described as a ‘breathtaking rocket ship launch‘ (see dailyforex.com/forex-technical-analysis/2020/11/btcusd-another-breathtaking-rocket-ship-launch-underway-november-23-2020/154172), I tend to think that the market in question is near a peak. Visit scandex.com/author/jamiesaettele/ for more updates.

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: krilogy.com/

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