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allgoodnthehood

BTC - consolidating in downward trend but for how much longer?

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Bitcoin (COINBASE:BTCUSD)  
allgoodnthehood Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD Bitcoin (Cryptocurrency) XBTUSD Cryptocurrency crypto
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Bakkt launches next week - I'm still expecting BTC to follow the trend down for a little bit longer. Ideally the perfect spot to long would be the blue box - fills the CME futures gap at 8600 and bounces off the trend line around 8200 perfectly. Bitcoin could however keep support at 9580 and continue upward (it is a bull market after all). Watching closely.
Trade closed: target reached:
Closed at 8195. Average entry 8312 riding a quick long scalp.
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