Sherem

BTC showing strength, move up to $6,250 is next

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC is making serious headway and has confirmed a further move up. We have broken this trendline, but also notice how strong the MACD looks, RSI is curing upwards and we are making this rounded bottom. We should move up to this $6,250-$6,500 area. Most likely we'll get a pull back from there, and if we hold the pullback, we are going to move substantially higher.

Happy Trading and hodling,

-sherem

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