BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello guys, Bitcoin has been bouncing in a bearish channel for over a year now, however, I expected price to push up above 7K, Trade is currently in 1800+ Pips Profit.

There’s a major Resistance at 7,200 so be cautious.

Let me know your thoughts on the long term probability of Bitcoin in the comment section
BTA

Comments

Why have you MACD if you are completely ignoring its sign. get rid of it! and why have you drawn a line at 9992?! thats not even top of trend
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What do you think sir?is it good to buy or to sell?
Reply
@jecjec, now isn’t a good time to enter the trade for a buy because there’s high risk and low reward. Let’s see how price reacts to the bearish channel.
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