Crypto-Hamster

BTCUSD: bullish again.

Long
BITSTAMP:BTCUSD   Bitcoin
We almost flipped on a daily Stochastic and Stochastic RSI. And although it did not reach the lower BB, it was very close, like in many cases before. Finally, 200MA on 4h held nicely. The only bearish argument to me is that we had those drops below previous support levels, like 8400 and 8100. Initially they were tested and confirmed, but eventually they were broken while many people left stops orders below them. So, unless we will break 7.5k to collect more liquidity from the stop orders below that level (dip in the middle of June), the uptrend seems more likely. And there is also 7k with even nicer stops.

Not a financial advice.

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