BitcoinCensus

Bitcoin Has A Couple of Reasons to Bounce

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The 34 Day EMA on the 1 Day Chart has been a long standing support line.

In addition, at the moment, after a couple of day of strong bullish moves there is a bit of a pull back that just occurred. But we may have entered the corner of a bull flag . Is this a buying opportunity? I think it's a risky time to enter the market but it is always fun to catch a bottom.

I'm calling this long. If I'm wrong now, just don't sell below your entry point...with Bitcoin all you need is time.

$BTC
Comment: Bull flag was in the wrong position, but now it has been made clear and the bullish $BTC movement has been confirmed.

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