Cryptogreen

BTC: Not out of the woods yet

BITSTAMP:BTCUSD   Bitcoin
So.. My prevoius analysys predicted a retest of two year restistance, which happened in the real time. Now we have a formation of symetrical triangle, that broke to the upside. This is a good sign of continuation of bull trend. BUT.. We also have a resistance from August high and September lower high, which lead us to October lower high of 11.066. I think, BTC will reject at this point and retest the symetrical triangle first, and only than to proceed to new historical resistance level at app. 12.080 bucks.

My humble opinion only... :)
Good luck!

Your CryptoGreen

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