team_USA

Bitcoin potential double bottom - target $5170

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD is showing a potential double bottom here. It has to break the labeled resistance to confirm the target.

Additionally, this is the first chart I've published in a while. I'm coming out of hibernation because I think the bears are about to hibernate for a couple years. I am making this general market prediction based off of buy volume from Binance, Bitfinex and GDAX - I think we have seen enough capitulation here. I have put all my fiat back into the market.

trade at your own risk
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.