Cryptorphic
Long

BTC Ready for 25%+ growth!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello everyone.
BTC seems to be ready for another pump.
Trading right into the channel.Although It's a rising wedge but there's still more room for growth.
Golden cross is the best news you can have right now but for that daily needs to close for the confirmation.
The black line has been retested once this is the second time it is being retested. Bullish af .
The most important thing that we should keep in mind is that if we break below the black support trendline we might see mid 8ks (Less likely).
Still be vigilant to the market and keep a long term perspective.
Breakout and close above 11300 is what I am waiting for. If it happens I'll be looking for 17k within 8 to 10 weeks from now.
Breakout above will pump BTC to 11300 to 11900.

Stay tuned


#Peace
Comment: You've got a better deal Now, BTC in 4 figures. These are IMO the last opportunity to buy more.
Comment: Last time we had this Golden cross around $5600 and the price went down to $4982. Almost 13% down before the continuation of the Uptrend.
Hope you understood what I mean. :/:/www.tradingview.com/x/f29nCQ1M/
Comment:
Comment: This time BTC dropped around 11% till now after the Golden cross. No one is talking about this right now.
Let’s see how the the price discovers.
Comment: Read this Full Update.

Comments

with the auction news, dont you think its going a flash crash?
Reply
@jarking, The chart says it all. I am more of a chart guy.
Reply
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