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Bobby-Axelrod
Jan 4, 2018 9:31 PM

Bitcoin Bulls are Back - BTCUSD Long

Bitcoin / U.S. dollarBitstamp

Description

The Bulls are Back! After breaking downtrend resistance its relatively safe to say that the previous target of 8k was not going to be hit. After some consolidation within the bull flag BTC will breakout to the upside with force and likely make new highs within the coming weeks ahead. Targets are highlighted in blue with 25k-30k as our goal for this trade.

Comment

Update:
Bearish Bat on Bitcoin - looking for a 50% retrace and a bounce on 4hr cloud support.

Comments
Jo_karim
Its not going up until break 15550$.
Dont buy yet.
RAIMEGAN1
great chart...thank you
GasHead
Looks crystal clear to me.
Rawls
Thank you!
logline
What do you think of this slightly different take on the same idea? (This is from UnicornLlama, hosting the Discord TA in Crypto World News as I type this):
matoa
Bad luck with predictions lately. GL with the new ones
Rofxod
what do you suggest for people who want to buy bitcoin? what is the entry level ?
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