Btc needs breakout/down from the marked area to move

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC is in need of breakout or down in the marked areas to give further massive move. I expect it to make a rally on positional timeframes soon


Excellent work!
I agree BTC TA for the daily time frame is getting extremely bullish. However, the short-term is looking bearish.
Do you agree with the analysis below?
+1 Reply
Owl Phi-Deltalytics
@Phi-Deltalytics, Yes, thank you for sharing your view!
It will go up to 11600 and retrace back down to support creating the double bottom and then bounce up again.
Owl Apaulsen35
@Apaulsen35, I have a similar expectation. Let's see. Thank you for sharing your view ^^
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