quantguy

Bitcoin Rejects Lows!!

Long
BITSTAMP:BTCUSD   Bitcoin
A sharp selloff in Bitcoin took us back to $61.6K, which provided good support and the dip was immediately bought back. When dips are bought back quickly in Bitcoin we know we are back to bull mode. Highs at $64.3K should provide some resistance for now, and we may see some sideways correction or a bull consolidation pattern before another breakout. When this happens, $66.3K is our next target.

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