EnlightenedTrading

BITCOIN SET FOR BULLRUN!!

Long
BITSTAMP:BTCUSD   Bitcoin
Hey there,

please like the post and follow me for more trading ideas.

Bitcoin has some clear structures forming on multiple timeframes.

We have a descending channel, indicating further upside once broken,

the declining trendline connecting the monthly highs, ranging back to 20k.

A possible falling wedge on the daily.

A 3-DAY 9 buy on the TD-Sequential

and consolidation after a bullmove, by correcting through time and not price.

All in all this looks bullish to me.
Of course btc is completely correlated with the stockmarket, like S&P500.
So we still have to depend on what stocks are doing.

Until then, take care.
Cheers,

Konrad

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