BTC Double Top & Uptrend Continuation Long

Bitcoin / U. S. DollarKraken

Description

⋅ Feb 8, 2018 4:43 PM

Bitcoin formed a double top on the hourly. Price needs to bounce from the 8K level to form a higher low and push through the 8650 resistance to 9K to continue this uptrend.

Comment

⋅ Feb 8, 2018 6:10 PM

If price break below 7521, expect to see further down movement.