Commodore3

Bitcoin - Case for Short Term Bull Run

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin just broke throught bothe the trading range it has been in for the past few weeks and also the critical 7700 resistance level. First target for this trade is 8000 level and once we get above that, we have an ultimate target of 8800 which coincides with the falling blue trendline. Long term bullish outlook will be confirmed only if we manage to get above the trendline and the previous swing high of 10,000.

Always remember to do your own research. Good luck!

Commodore!
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