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Silos_Notlim

Bitcoin optimistic view, but a little bit sideways

Long
Bitcoin (BITFINEX:BTCUSD)  
Silos_Notlim  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Trend Lines Bitcoin (Cryptocurrency) bitcoinusd bitcoinforecast
0
5
trendanalysis supportandresistance trendline bitcoin bitcoinusd bitcoinforecast
- Uptrend with a ranging tendency
- MACD is traveling down but is far away from 0 line
- It could test the 70 SMA but there is not enough energy

Bitcoin is on an uptrend, these pullbacks are not disrupting it if whales don't cash out. If everything goes right it could go back to ~5,600 over the next week, but if a dump happens it could test the 70 SMA

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Bitcoin consolidating
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