Bluephantom

Market is still undecided

BITFINEX:BTCUSD   Bitcoin
It is closing tight on all the trend lines. A decision must be coming soon.

On this daily log chart I see it needs to break $12190 to be confirmed as bullish.

On the other hand I can also see it bouncing off the $11500 at the top of the Bollinger bands and pushing downwards down to $7000
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