BITSTAMP:BTCUSD   Bitcoin
BTC has likely bottomed out. There is a great opportunity here on this retracement to 57 before the next move to 68k. You have one last opportunity today to get in before the next great move. BTC has now formed an Inverse Head and Shoulder after breaking out from the descending channel. There will be a minor retracement to 57500 before a solid move to 68k. That is an easy 18% profit.
IT will now steam slightly off as the 4h was starting to get overheated. However, as I explained in the last few post, BTC is looking strong and very oversold. So fasten your seatbelt because a new ATH over 80K is about to come.
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CFcryptoTA
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