BTCUSD $41,337 Next Long Target

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC has reversed off of $30,838 after it formed a triple bottom. The first signs of the breakout was the fake one where it got rejected off of the $37,560 level. After that, BTC came back down and created a higher low as well as it regained the uptrend going long.

From here, BTC looks like its dumping back down and people are taking a bit of profits, but should hold this trend going long towards $40k and beyond.

After BTC reverses back up to the topside, my next long targets are:

TP1 🎯 $39,696
TP2 🎯 $41,337
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Excellent read Kyer, thank you!
100 coins
Good work πŸ‘πŸ‘
+1 Reply
kyer ForecastCity_World
@ForecastCity_World, Thank you!!
great technical setups today, well done!
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