sombtcbarron
Long

$BTCUSD and its battle with the bears & fundamentals

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC has bottomed out as it seems with the help of yesterdays bloody monday across everything finance and the now past SEC hearing on cryptocurrency.

If you missed it the SEC hearing was positive. Time marked on chart.

So from its bottom out BTC is following a new bull trend with clear fundamental skys - not a FUD cloud in sight.

Marked in the dotted red are the bear resistance and the blue is bull support.
No momentum
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