CryptoCheck-

BTCUSD - Not Convinced of Reversal

BITSTAMP:BTCUSD   Bitcoin
Hi Everyone

A quick analysis on Bitcoin and the TOTAL chart before we hit weekend volatility.

At this point, I'm not convinced we have bottomed just yet. The candlesticks seem too choppy. This could be an extended bounce up that ultimate shakes out back towards 29K as 40K is now our new resistance to conquer.

Have a great weekend
Ev

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