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TheFinanceTrader

BITCON - WEEKLY OUTLOOK

Long
Bitcoin (BITSTAMP:BTCUSD)  
TheFinanceTrader  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators BTCUSD
7
0
trendanalysis indicator btcusd
The weekly bar is not looking good, there is very significant resistance at 7400 levels.
I have 2 scenarios;
1st, this is my base one it may hit 7800 levels this week.
2nd, it may test again 7200 levels and then turn back to 6800 and more down.
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