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Mihai_Iacob

Bitcoin- Bulls need price back above 60k

Long
Bitcoin (BITSTAMP:BTCUSD)  
Mihai_Iacob  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) bitcoinforecast BTCUSD BTCUSDT btcusdlong btclong bitcoinprice btcusdforecast btcusdanalysis
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trendanalysis chartpattern indicator bitcoin bitcoinforecast btcusd btcusdt btcusdlong btclong bitcoinprice btcusdforecast btcusdanalysis
After reaching the recent ATH near 68k, Bitcoin has started to correct.
This correction is normal and shouldn't be a concern for long time holders.
The drop from the top is also corrective in nature...
At this moment the price is under 60k support and, for a signal that the correction is over, bulls need to drive the price back above. In this instance we can expect a new ATH soon and 70k round figure could be our target
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