TalkingCents

Bitcoin - Buy the dip (Retest to $42k)

Long
BITSTAMP:BTCUSD   Bitcoin
Retest of support at 42k, then a shoot up to $50k to retest next resistance zone.

If Bitcoin breaks $50k, then it is game on.

Buy the dip.

Not financial advice.

Uptrend will be invalidated if it falls below its 200 day moving average and breaks 1st support at $42k and 2nd support at $37k and 3rd support at $35k.

Looking really strong, i think the bulls have an upper hand here.

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