MMBTtrader

BTCUSD Weekly strong support is ahead

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As we can see 40K$ is the main support zone left for BTC and it is strong weekly support too also green trendline that is strong weekly support now is touching and if price respect this support and no breakout here happens we can expect a rise and pump for price or at least range market is ahead.

50% Fibonacci support level now is on 39000$ that is in 40K support zone and make this support stronger so if these supports here break we can expect the correction to the next Fib level that is near 32K$.


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