- Sitting at a key juncture, move on either direction likely.
- Rising wedge formation still likely, potentially bearish for prices.
Bitcoin, the largest cryptocurreny by market capitalisation is sitting at a very key juncture from where all it needs is a little push on the upside and it may just breakout. While, on the other hand, a failure to hold on these levels and a reversal is all that bears need to gain control. (Read earlier article here)