Bullish Bitcoin Chart Pattern Still Intact Despite 7% Price Drop

Bullish Bitcoin Chart Pattern Still Intact Despite 7% Price Drop – CoinDesk

Bullish Bitcoin Chart Pattern Still Intact Despite 7% Price Drop Bitcoin has erased more than 45 percent of last week’s rally, but the outlook remains bullish with prices holding above three-day chart support at $6,847. A re-test of trendline resistance at $7,665 looks likely. A violation there would expose Friday’s high of $7,870.