lux911

Sunshine after a rain

Long
BITSTAMP:BTCUSD   Bitcoin
Hi,

We can see some very long wicks after the price broke down below 50000$. That means traders are not ready to sell BTC below that price, instad they took the oportunity to buy some more.

There is also a very nice double bottom after which price went back to 55000$.

It looks like BTC is ready for more! What do you think?

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