Bitcoin Bounces Off Parabola; New Highs Are Coming Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 4, 2018 3:53 AM

So far price has held up against the parabola, because of that I am bullish. I want to see price say above $13,800-$14,000 range. Since the New Year has started I expect price to start going up again and make new highs.

Comments

ch441

⋅ Jan 4, 2018 10:21 AM

so you think btc will start a new run soon? at what point is a new uptrend confirmed?

benji13

⋅ Jan 4, 2018 11:06 AM

@ch441, when price closes above that green line at about $16,500.