JinDao_Tai

BTC Long Term View

BITSTAMP:BTCUSD   Bitcoin
It feels like a very long time since we saw BTCUSD down at the 57k support level.

Now with the BTCUSD likely to continue ranging between 57k and 74k, buying at value seems to be the most appropriate approach.

Anticipation is that it will be a matter of time before the price eventually breaks out of the range to reach 92k (which coincides with the 100% Fibonacci extension level).




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