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BitcoinKenny
Jul 25, 2018 3:17 PM

BTC weekly chart | MACD crossing 

Bitcoin / U.S. dollarBitstamp

Description

Hi there, the weekly chart looks promising to me. MACD is crossing upwards and BTC challenges my targets at 10k and 11,7k in order to take a sprint back to our all time high.

Anything can happen during the consolidation, but the charts telling me BTC to go way more up than only 8k levels. It is not the first time how Bitcoin plays out the game.
RSI cools down and we go for the next pump heading to our targets.

#HODL and #buymoreBTC (buy it in the dip and if you are here for the long-term, just FOMO and buy now! :) )
Comments
roman_akyuz
MACD just crossed. Can you give an update?
BitcoinKenny
Yes and that is why... the risk/reward ratio is perfect to do some speculation, even when FOMO! :)
Shywado
The last time MACD lines crossed the price went up 5x.
Maybe it's too optimistic, but if this time happens the same, we go straight to something around 40k
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