bitpay
Long

Bitcoin poised to breakout

BITSTAMP:BTCUSD   Bitcoin / Dollar
1264 4 8
the tight consolidation range 600-610 will break - add to long entry above 610.
are we still stuck in the wide ranging between mid 600 and mid 700? what do you think is happening at this local top? big distirbution for the market to consolidate this levels on highest timeframes?
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I think it's a consolidation case. Price could fall to 573$ than rally to next supply zone at about 650$.
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that 200MA way too low bro
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Will this initiate the new rally or do you think, as me, we are in for a still long consolidation in a wider range?
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