Mihai_Iacob

Bitcoin to break 3 days consolidation

Long
BITSTAMP:BTCUSD   Bitcoin
After reaching a local high around 48.5k a few days ago, Bitcoin slightly corrected and consolidated.
Now the main crypto looks ready to break to the upside and is trading exactly in this short term resistance
A break here would confirm that a new leg up is underway and give scope to 53k in the next few days
46.5-46.8 zone is now strong support and only a daily close under this support would negate this bullish scenario

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