MannyLo

BITCOIN - BTC Broken Resistance Line

Long
COINBASE:BTCUSD   Bitcoin
There she goes....Checking back in with BItcoin since our last post. Bollinger Bands getting very tight so we were expecting a big move soon. BTC has finally broken the Blue Resistance line that has held since June 2019 and we're off to the races.

Current target is our green rectangle for the Fib golden zone. We'll be adding on the dips until then. If we do fall back inside previous resistance zone, our target will once again have to be revised. Other than that, our charts give a pretty detailed direction of where we're heading.

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