TraderMetatronFx

Bitcoin - A move to 7400 on the cards

Short
BITSTAMP:BTCUSD   Bitcoin
Resistance at 10k has been too much to ask for Bitcoin.
Comment:

From the Daily chart, why I think 7500 or so is a magnet. Demand zone just below those lows. Liquidity.
Comment:
Something to keep in mind on BTC on the weekly chart. Looking at this channel, last weeks candle close above resistance. So, was it a bull trap , or will we find support on the weekly close. A close above would have me reconsider my position

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