JamesSpindler

😀 BITCOIN (BTCUDC) - Potential support, back to resistance.

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin looks like it might have found short-term support and will naturally consolidate from here. Looking at medium timeframes, this might fuel a relief rally back to the upside as capitulation failed to happen once again. Trade safely and keep the stop loss close in the event capitulation kicks off, macro timeframes suggest a bottom isn't in yet.

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