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bdfiskeaux
Aug 12, 2019 5:43 AM

Bitcoin bull market basics Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is doing what it does best, moving up, then taking it's sweet time consolidating. Right now, we're about to make another big move up. New ATH this year is decently likely.

Comment

Welp, bitcoin hasn't respected many of the bullish trend lines. Bull market corrections are not usually this drawn out and extreme. 6K is very much in the cards. If we lose 6k, the bear market continues. But I strongly believe we will not lose 6k. Also watch for a fake out pump to 9k before dropping to 7k.
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