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TheParliament
May 31, 2019 9:53 PM

BTC: See you at $9900 Long

Bitcoin / United States DollarCoinbase

Description

Yesterday's dump was the retest of the $8200 support (previously resistance). In recent weeks, BTC broke out of two ascending triangles and successfully retested the breakout zone. This parabolic rise also took out big supply points of 2018 (trend reversal price points) at $8400 of July 2018 and $7400 of Sept 2018, which now gives us the pathway to May 2018's run-up to $9900.
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