cryptojeetu

BTC bouncing off a trendline, looks bullish

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is bouncing off a long term weekly trend line. There is a also confluence of support line around 38k. Looks like a we are going to come out of the re-accumulation phase of 30-60lk. Expecting a break of 60lk in next couple of months and to new all time highs.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.