BitcoinCensus

Does Bitcoin Have It's Footing Again?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Data has been trending bullish for Bitcoin . It's recent upward then downward movement seems to be more a distraction than a trend setter. Time will tell, as always. I am watching and waiting for more data. it is possible the bullish trend has resumed.

For me, key prices points to watch are $11K for a buying opportunity and $11.4K to $11.55K as a data point. I feel the 11,400 to 11,550 range is critical to detect a near term bullish outlook.

Comments

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