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BTCUSD Nearing 2017 High - Median Line is Now Resistance

Bitcoin (BITSTAMP:BTCUSD)  
jsaettele  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis BTCUSD
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trendanalysis btcusd
BTCUSD is approaching the 2017 high at 19666. Expect a bounce from this level but BTCUSD is below the median line (red line), which means that price is in a very dangerous position. The underside of the median line is now proposed resistance near 23300.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

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