This is the trade setup for the bull case - 2:1 risk reward.
Things to note - Low vol is a bit concerning, traders are all waiting patiently for the structure break. Also if this 10% upside does happen in BTC, I do believe there will be more lucrative long opportunities in some under-valued alt coins like IOTA, ETH, BCH, LTC.
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Battle between the monthly 20MA Resistance and the 20MA weekly support