anibals

BTCUSD Short Term: Support & Resistance levels

Long
BITSTAMP:BTCUSD   Bitcoin
If we break 5700 and 5800 it would be a bullish confirmation (7500 - 8000 target in log scale). If we go down and break 5500 and 5400 we could see a bearish situation (target: 5000). Remember that this analysis is in the short term and those movements must be strong in order to make any trade.

I think the hardfork is still acting positively on the bitcoin price.

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