All the content, images, articles, posts, pages written and published by https://simplebitcoinnews.com are not financial advice but opinions of the crypto community and are only for educational or entertainment purposes.
What could bitcoin’s “false breakout” pattern mean? Bitcoin recently attempted to break above a key trendline resistance and triangular pattern formation. However, it appears bitcoin has failed to stay above that key resistance level and today BTC has fallen below that level. But could this mean? What do “false breakout” patterns mean in technical analysis? We ask Jack Schwager for his view as well and look at the charts. #Bitcoin #BTC #AlessioRastani
For Jack Schwager’s book “Unknown Market Wizards” on Amazon:
For more on Bitcoin visit:
Follow Alessio Rastani:
Cryptocurrency trading/investing involves substantial risk of loss and clients may or may not lose more than their original investment. Any content on https://simplebitcoinnews.com should not be relied upon as advice or construed as providing recommendations of any kind.
Are you are interested in trading bitcoin?