mbc31

#BTC- Accumulation for Leg Up

mbc31 Updated   
COINBASE:BTCUSD   Bitcoin
Looks like #BTC has hit a nice plateau. I think this is good for next move up past 25k. Big thing I am watching if 50MA holds as support. Only 1HR chart here in unchartered waters so hard to be too decisive. But the 50MA crossing the 100MA precipitated this rally, so that is one to watch for short term future. Right now accumulating at 22400, just above the 50. If it holds expect accumulation to continue in the 22.4-23 range. If 50MA is lost, back to 22ish I think. Long term nothing but Bull. RSI and Volatility lower today, ready to spring.
Comment:
It bounced off the 50MA with some vigor. Looks like if it can crack 23k again today it may be time for another little leg up

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