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The road to 60K Bitcoin

Long
Bitcoin (BITSTAMP:BTCUSD)  
Auguraltrader  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators crypto Cryptocurrency BTCUSD BTC Bitcoin (Cryptocurrency)
4
1
trendanalysis chartpattern indicator crypto cryptocurrency btcusd btc bitcoin
This BTCUSD 4H chart shows the new (short term) road to 60K.

After a historical high, and a decent retracement, BTCUSD breaks up of a trendline, and settles above the 55EMA. By pattern projection, this has potential to see 60K this weekend

52K represents a resistance.

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