jinvest

BTC resuming mid/long term bullish trend

Long
COINBASE:BTCUSD   Bitcoin
Not even Bitcoin can rise in straight line.
In BTCUSD chart, breakdown of rising wedge projection, ABC correction and 43000 support match in a spot that could be the end of the correction and reversal to resume the main BULL trend.
But yesterdays candle closed re-gaining the main BULL trend, so it could be the en of the correction too.
More if we see in the BTCEUR chart where breakdown of rising wedge projection and almost perfect double bottom match and big green daily candle closes re-gaining the main BULL trend.
So, IMHO, healthy correction is over (if not we will have to wait to visit 43000$ first) and the BULL trend continues healthy and strong.
Keep safe
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