TomasPhilosophy

The bullish case for Bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
Closing this week above $9250 should be pretty important. Breaking out of this channel/flag within the triangle.
A scam wick down to the 25 and 200 MA is always there.

All the MA's are more align and bullish now than the two last tops. The hidden divergence on the daily is really something as well.
Declining volume with a lowest low at the emd of the triangle paints a pretty picture.

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