Alanmartinezh

Bitcoin trend reversal_ Light at the end of the tunnel_

Long
BITSTAMP:BTCUSD   Bitcoin
As we see we have not broken the downtrend channel, we had a false breakout since the confirmation of the bearflag. We have a 1 day MACD possible cross *not confirmed yet(, if this happens we could see a new bkreaout, entering a new bull market with high ressitance levels at around 11,700.
If we brek current support we could continue to see a further correction to around 6k levels or even more.
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