13GonBTC

#BTC Run the stops and GO! #Crypto is #Bitcoin

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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3
#Bitcoin has been trending in a channel for over a month. I can see a few confluent reasons for another drop to $6.7k area before moving on-wards and upwards. In my opinion, we will test 200 simple moving average on 4 hour time frame. Moreover, the bottom of the channel trendline. Finally, there are a lot of stops stacked right under the recent drop ( aka liquidity). This is where I will go Long.