CryptoTrendline

Bitcoin at flipzone

BITSTAMP:BTCUSD   Bitcoin
Bitcoin rallied from the accumulation zone around $7,500 and is now close to the $9,500 flip zone.

If price breaks above the flip zone and the descending trendline we can expect it to reach the double top around $11,750 and the $13,000 resistance further.
For now, it's probably a good idea to wait and see how price reacts from the flip zone.

Good Luck,
CryptoTrendline

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