trader211

Bitcoin Breakout Soon?

Long
BITFINEX:BTCUSD   Bitcoin
Looks like Bitcoin will break out soon. If it does I'm looking for it to convincingly break 7.4k and hold. If it can't clear this price then its likely it will test 6k again and may go even lower. Its still a bear market. On the other hand if price breaks out and makes a new high then it could be the beginning of a bull cycle. The breakout can go either way but fundamentals are strong so I'm bullish.
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