CRYPTOBLAZER

BULLISH ON BTC

Long
BITSTAMP:BTCUSD   Bitcoin
Yesterday I was very nervous during the sell off, seeing price approaching the channel support line with great momentum,and it looked almost as if it was going to break it,I was almost getting ready to sell off my spot bags, Because I know what would have happened if the support line was broken,it would mean that the bears have taken over,and it will see us plunging to 30k region which is the next support zone....But luckily for us,Buy pressure came in and BTC found support on the trendline and had a bounce.....This is like your car stopping just few inches to a cliff.....So for now the Channel which is an uptrend is still valid,so we are still bullish even though it's looking shaky,Just have your eyes on the chart,once the trendline is not broken,then we are good,but if it does break,then we are heading to 30k region.
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