JoelRBishop

Bitcoin Spring to 50k Area

Long
JoelRBishop Updated   
KRAKEN:BTCUSD   Bitcoin
Bitcoin dipped into supply and could spring back to the 50k area. Target 50 - 54k.
Comment:
Support on the weekly kijun for a bounce
Comment:
Wicked through the weekly kijun but seem to have found support on the bottom of the 2D ichimoku cloud
Comment:
Should have stuck with my original short plan longer. Cloud is always right but I didn't think it would drop that far in a straight shot
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