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UnknownUnicorn4565572
May 3, 2020 7:16 PM

Bitcoin update: Part 8 Long

Bitcoin / U.S. dollarBitstamp

Description

After our previous target of $8000 the price of Bitcoin continues to climb and has already converted two, intermediary resistance zones into supports zones. Bitcoin is currently at a peak of which is the third point of a descending trend line and a previously identified resistance zone.

However, I would still like to keep a bullish bias seeing that the US dollar continues to plunge and that Bitcoin is in higher demand.

Next stop: $10 000

Good luck and follow me for more!
Comments
transparent-fx
I will bre reacting and not predicting, as usual, but here is my view
REstrella99
Stop loss ?
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