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Turtletrader2
Jun 15, 2018 11:33 AM

BTC 

Bitcoin / United States DollarCoinbase

Description

After BTC left the triangle it has been moving in since last year it found support on an old fall from last year. As BTC is climbing now it will restest the triangle with a pull back. After that we should look carefully what BTC will do. The fundamental news about price manipulation had a big impact in the chart. Any big news could tumble or make BTC again. Bitcoin has tumbled even below my designated buy zone. Hopefully Big firms will start buying here again to resume higher prices.

Zones to look out for are:
-the lower line of the triangle
-the 7772 zone bitcoin failed to break
-the upper traingle line
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