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Khiwe

Bulls Eyeing Potential Reversal as BTCUSD Drops to Key Support.

Long
Bitcoin (BITSTAMP:BTCUSD)  
Khiwe  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Supply and Demand
1
0
trendanalysis supportandresistance supplyanddemand
Hello there,

BTCUSD drops for a potential bullish pullback; the 63263 area is a key reversal area for bulls, and the targets are 67863 and 70000 for a bias of 71415.

Now, the 60000 is a strong support area, so if (Y) is broken, the bearish momentum would overcome the bulls and that will invalidate the setup.

Happy Trading,
K.
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