dennisdaiber

New decade - New BTC

BITSTAMP:BTCUSD   Bitcoin
Bitcoin price went up about 9 million % since inception, making it the best investment of the past decade. Mainstream media, like Bloomberg are picking up the topic again further spreading the word and awareness. Looking at the monthly chart, the last candle of the year closed above a major support level provided by a 20-day moving average. Going below that level would mean a further dramatic fall as there is no VPVR support from $6500 to $4000. Yet, BTC was able to hold and is now drawing a new what now seems to be a green candle, that might be a potential for a trend reversal.

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