Mihai_Iacob

Bitcoin- will it finally break up?

Long
BITSTAMP:BTCUSD   Bitcoin
As I said yesterday, a sell at 40k is too obvious and as I don't believe in "buy here, is the bottom", some I don't believe in "sell here, is the top".
Technically, from the 33k recent low, BtcUsd is trading upwards and is drawing an ascending triangle on our chart and we can clearly see that the dips are bought.
A break above 39k should accelerate gaines and the target for the pattern is 44k.
To buy on a break can be a good strategy for short term traders

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