vf_investment

BTCUSD is a buy now

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD is a buy now. The price has been retesting the lower boundary of the channel and now it's ready to continue the uptrend.

We can see that it's a potential higher low which is a sign that the uptrend is still in tack.
As long a 21350$ holds, BTC has a chance to continue the uptrend.

Target: upper boundary of the channel
Daily close below 21350 $ would be an invalidation of the thesis and then we should see more downside.

Good luck
Comment:
Bitcoin failed to sustain an uptrend.
21500 $ should act as a resistance now.

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