Bitcoin (BTCUSD) 4H Chart 5/28 bitcoin 4h chart 5/28 (click to enlarge)
Losing Bullish Bias after a Breakout:
Bitcoin went into the weekend with a bullish breakout. This breakout is being tested so far this week as price retreated from the 243 level. In the 4H chart, we are seeing some relatively sharper bearish candles vs. bullish ones. Price also failed to hold above the 100-, and 50-period SMAs, which reflects a lack […]
