Bitcoin Waves Lowe's Action Bitcoin

Waves: $5.9 level flipped to resistance, traders going short can…

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ambcrypto.com

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.A week ago, Waves saw a near 50% surge from the $4.5 lows to reach $7.15.

Yet, this dramatic surge did not see follow-through from the bulls. A retest of the $5.9 zone saw a weak bounce in price, and a lower high set at $6.5.

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