tcapb

Bitcoin. MA200 broke out

BITSTAMP:BTCUSD   Bitcoin
So we have very strong break out over MA200.

When we had similar breakout in october 2015 - we rose from 250$ to 20000$.
When we had strong breakout in march 2019 - we rose from 4500$ to 13000$.

But we have some resistances to go:
9500$ - border of triangle on linear scale
10000$ - border of triangle on log scale and psychological mark
10500$ - last LH

Let's see if we could make it. We are not out of the woods yet
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.