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BobLoukas

Bitcoin live back into a Counter-trend move.

Long
Bitcoin (BITFINEX:BTCUSD)  
BobLoukas  
BITFINEX:BTCUSD   Bitcoin
Technical Indicators Chart Patterns Trend Analysis BTCUSD BTC btcusdlong Bitcoin (Cryptocurrency) bitcoinforecast BTCUSDT Cryptocurrency crypto
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indicator chartpattern trendanalysis btcusd btc btcusdlong bitcoin bitcoinforecast btcusdt cryptocurrency crypto
Not confirmed, but 75% chance the new Bitcoin Cycle is in.

10-day moving average higher. MACD bullish cross, Cycle timing is good.

That means even in a bear market trend we should see a decent counter-trend rally here. Still, remain defensive with good tight stops, but for now I see this market trending higher for a few weeks. Then we see what Bitcoin has to offer.

See more analysis on Bitcoin Live Website. Go to: bitcoin.live/blogs
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