abarnes90

Uncertainty coming to an end?

BITSTAMP:BTCUSD   Bitcoin
So, its not much of a secret that bitcoin has been a short trader's dream ever since the expected correction,which made the recent increase in volume a very welcomed element to the price predictions of the future. I for one have remained bullish on BTC from the beginning of the bullish trend, mainly because of its movement aligning with the current parabolic trend. Its almost a perfect fit. After taking a good look at todays candles, both daily and hourly, i feel alot better with BTC currently around 11.4k and confirmed support not too far underneath at 11.1k to me this signals a possible increase in BTC price and further confidence in its current strength going into this month of July. Good luck out there and happy trading!

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.