peter-l
Long

Mid-line target of $7,200

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We see that the expected trend is continuing. If we can break through the pressure line above, the long space will be opened. We are still optimistic that the $10,000 is not a dream. We will wait for the arrival of $7300 in the short-term. After that, there may be adjustment pressure. The larger solid line of the root entity breaks through the downtrend line.
Operational recommendations: The midline remains bullish , with a take profit of $7,200 or higher and a stop loss at MA6.
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