Rockhunt

IF price action can stay above the 11500 area...

Long
BITFINEX:BTCUSD   Bitcoin
Bear trend line seems to break slowly. Next we have to break previous support which is now resistance at the 11500 area. And stay above maybe even retest it along with the 50 and 100 day moving average then we are back in business for a longer move up... If not the we are falling back to the minor resistance of 9500 area. Looking at volume/news/BTC dominance growth over 40% the firs scenario is more likely for me.
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