It looks like price has finally broken the channel and is heading back up. Based on technicals, things are looking good for bitcoin. Inverted head and shoulder pattern seems to be forming. I will be interested in going long after price closes above the neckline.
Disclosure: *Trading foreign exchange carries a high level of risk. Trading is not for everyone and losses could easily exceed investment capital. Use proper risk management and smaller lot sizes to protect accounts.
Disclosure: *Trading foreign exchange carries a high level of risk. Trading is not for everyone and losses could easily exceed investment capital. Use proper risk management and smaller lot sizes to protect accounts.