EvanMedeiros

Bitcoin rallies into a key inflection area | Time to watch close

COINBASE:BTCUSD   Bitcoin
It's been a choppy 2.5 month trading range between roughly 30K and 40K for Bitcoin but most recently, we've seen a handful of consecutive bullish expanding bars to the upside. We've covered a lot of ground over the past 5 days and now it seems like we're at a bit of an inflection point at the top end of this channel.

So what do you think, are we ready for a change-of-character breakout bar over 40K or are we in store for more chop and sideways trading? Place your bets!

Evan Medeiros
Founder, Trade Risk
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