BillCharison

$BITCOIN - Regular Update

COINBASE:BTCUSD   Bitcoin
The price has bounced from the triangle's support and almost touched the $9500 resistance, but then immediately came back inside the triangle. A number of important factors tell us that the following impulse will be strong. I expect a decline there, but don't advice SHORTing as are still in the bullish market. As we advised in the previous ideas, it would be better to just place two rows of LONG orders: $8800 - $8900 and $8600 - $8700. Falling significantly lower than these levels is very unlikely to happen.

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