DeNomics

Bitcoin reclaiming the range

Long
BITSTAMP:BTCUSD   Bitcoin
only an hour to go on the daily close and we have crossed back above the current resistance and 618 retracement from ATH.

A solid close above here could confirm the bulls are back to keep us about the 50k level and find new support to now trade the 50-60k range over the next month or so.

Expecting Bitcoin dom to climb a little but only short term as the bullish sentiment will bring confidence back into the alts as people begin to reaccumulate there alts.


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