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Mihai_Iacob

Bitcoin- How bullish is it?

Long
Bitcoin (BITSTAMP:BTCUSD)  
Mihai_Iacob  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice BTCUSD BTCUSDT btcusdlong btcusdforecast btcusdanalysis btcusdidea
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trendanalysis chartpattern indicator bitcoin bitcoinforecast bitcoinprice btcusd btcusdt btcusdlong btcusdforecast btcusdanalysis btcusdidea
Two days ago I said that I expect a new leg up from Bitcoin and for the cryptocurrency to pass above horizontal and trend line resistance.
Indeed, Bicoin has broken above these levels and made a local high at 52k, just in the next horizontal resistance.
At this moment BtcUsd is in a slight correction and is trading at 49800.
If this resistance is confirmed as new support we can expect continuation and 53500 important resistance to be reached.
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Bitcoin- New leg up is probable
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