WicktatorFX

BITCOIN - THE BIGGER PICTURE

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The last time we analysed Bitcoin , we were anticipating a push up from the 30K level as it previously acted as the impulse generation point.

We now have that push and were approaching a key level where we may see some resistance. The important level to watch now is the 42K level where we have the correction resistance and previous structure. If we break that level, we can look look for a retest of that structure level to take Bitcoin to all time highs again.

Goodluck and as always, trade safe!
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Comments

befor breaking 42k , we can have expectations of 35 ...
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yes great analysis but I think you just drew it as you want it to go πŸ˜„
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Great analysis!
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