BillCharison

BITCOIN, What to Expect & Important Levels

Long
COINBASE:BTCUSD   Bitcoin
$BTC broke the resistance at $8360 and takes hold between two important ascending levels. The price didn't breke the ascending channel and now located inside one, therefore I expect $BTC to fall for a bit, before going further upward. However, there is a big chance that we will go upward to $9000 without any corrections, to do this the price needs to consolidate above the $8700 level. In case the price consolidates below $8700 - you can SHORT position with the target at $8350.

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