Bitcoin Analysis 28th febuarysteemCreated with Sketch.

in #bitcoin • 7 years ago (edited)

$10800 Usd seems to be difficult to close above at the moment, the resistance at the down trend line and 0.382 fib lines are quite strong.

Possibility for a head and shoulder, which is more prominent on the 4 hour charts

If btc breaks resistance, expect Alt coins to bleed.

Charts and analysis made possible by https://coinalyze.net and https://www.tradingview.com/

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7 years ago in #bitcoin by
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     7 years ago 

    Hey, Do you think its worth it to HODL Bitcoin at the moment? Followed you too

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       7 years ago 

      I think its always good hold a portion of bitcoin, how much is really going to be different for everyone depending in their strategy, but if we are bullish and start to break resistance then we may see alts bleed, in thst situation holding bitcoin is beneficial

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