BTCUSD Trending UP

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
With 61.8% retraces from the Bottom and Top, appears to be another reversal Cypher pattern in play.
Best guess target around $55k between now and mid-March.
Let's see what happens next.
Enjoy every sandwich ;)
Comment: On the 4 hour timeframe, price action supported by the 200 moving average (MA).
Also, note the blue trend line just above the 200MA that extends back to September 7, 2020 ... will be one of the key levels to watch moving forward.
Order cancelled: Chart is incomplete; will republish new chart shortly


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