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AltBitRight
Feb 8, 2018 1:44 PM

BTC ready to surge. Long

Bitcoin / U. S. DollarKraken

Description

We all know BTC has it's own rules. Last night it dropped to 7500 and then surged back into it's trading channel. Today we've crossed the 200 MA, we're close to a MACD cross over on the daily chart and have rising RSI signalling a strong move up. We should expect that soon we'll have a test of the top of the downward channel and either a break or consolidation at that level.

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