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tradingcrypto
Jan 20, 2018 10:30 AM

BTCUSD - Next 2 months look promising Long

Bitcoin / DollarBitfinex

Description

Based on historic bounces it looks like BTC is done correcting and can continue it's way up from here (given the trendline won't be broken and it holds as support). I'm also bullish on altcoins, which usually follow BTC. Cryptocurrencies have been getting a lot of media attention lately, which in my opinion will add to the market going up as a whole. Look at what happened in early 2017 (March, April, May), pretty much every single coin had a huge rally up due to new money entering the market. I'm expecting to see the same happen again now.
Comments
whoisthelorax
whoisthelorax
Unfortunately there is significant bearish divergence on the weekly chart...there is a very good chance we break that trend line
felejtos
interesting idea
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