FXAutomate

Bitcoins trajectory to the moon

BITSTAMP:BTCUSD   Bitcoin
Trying to get a fix on where bitcoin is heading next actually requires me to zoom out to the weekly timeframe. From here we can see that the next stops include resistance at 12200 (Monthly R1 Pivot) and then 12900 (Yearly R1 Pivot). Support will be at the previous major levels at 11000 and the breakout level at 10250.

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