BRDBTC appears to be in the accumulation phase after a length time in the doldrums. There have been a number of failed breakouts higher and is starting to squeeze at the base of the accumulation zone. This is a trade opportunity for those that trade, not necessarily HODL. However this is a good opportunity to buy LOW.
Reasons why I will enter a short term long position using a stop-limit order:
1. Breakout triangle forming at base of consolidation zone 2. Tight squeeze with previous failed breakouts 3. High return on investment (38%) with 4:1 risk/reward