TradingAlchemist

5 reasons to buy Bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
Why am I for buying bitcoin?
Well let's look at the chart.
1) A strong resistance line that Bitcoin could not break for 6 months is broken.
2) Price on a strong support line (I will attach the chart below)
3) Price near support level 8340
4) The price near the support line.
5) Excellent profit-to-risk ratio
Now, AT LEAST, a good opportunity to enter into a deal with a small stop loss and good profit.
the price may reach the resistance zone 9500 - 9900
But it is important to break through the level of 9100

In the meantime, an important support line is not broken, do not rush to buy Bitcoin.


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