DU09

BTC/USD - Approaching decision time, can we pump to $54k?

Long
BITSTAMP:BTCUSD   Bitcoin
BTC is forming a cute little ascending triangle and we may breakout of this tight range between $50 - 52k.

I remain bullish for now and if we break above 52k with conviction, then we're good to go to $54k.

If not, we have plenty of support below us to hold any correction and return us on the up-trend.

Lets see how this formation is resolved, then we can be confident on the next steps.

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