Castleburning

Bitcoin — Multi-Intersection

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin             arrived at a key intersection of multiple indicators

If Bitcoin             is able to break-out upwards this intersection of resistance, it would be a signal that we will be going higher
in the short-term, possibly re-test the 10k resistance level .

In general Bitcoin             is still quite bearish , and the bigger picture is we are still in a downtrend.

There's a lot of resistance to move upwards.


Comment: The 1st next resistance
A break above 9300 would be a short-term trade buy signal.

This would confirm a move to 10k and maybe beyond.

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