Amongst the volatility of Bitcoin most analysts forget observing simple trend lines. Here is bitcoins third attempt to break its prolonged down trend line. As bitcoin prints a double bottom at a very strong support 6770 region it has gained parabolic momentum and now approaching the 7300 region. For me the risk reward in this third attempt to break this downtrend line is pretty sweet.
Entry - 7095
Exit - 78xx
SL - 6949
Entry - 7095
Exit - 78xx
SL - 6949
Trade closed: target reached