Bitcoin currently still under daily falling trendline for all of the above exchanges, Coinbase of course looks like it should give us the most immediate signal for whether we will break it or not because price is right at the Coinbase falling trendline.
However, Bitmex has a lot more daily volume than any other exchange so should hold the most weight. If we close decisively above all of the above falling trend lines then we at least have that monkey of our back.
@blockchainbeta has an interesting article. About what is going to happen in a few days https://steemit.com/bitcoin/@blockchainbeta/bitcoin-hit-by-regulation-expect-massive-dump
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BITMEX XBT/USD Daily:
Coinbase BTC/USD Daily:
Bitfinex BTC/USD Daily:
Bitcoin currently still under daily falling trendline for all of the above exchanges, Coinbase of course looks like it should give us the most immediate signal for whether we will break it or not because price is right at the Coinbase falling trendline.
However, Bitmex has a lot more daily volume than any other exchange so should hold the most weight. If we close decisively above all of the above falling trend lines then we at least have that monkey of our back.
Bias: Bullish Short-Term, No idea Long-Term.