FX_Crypto_Trader

Bitcoin Trend Continues

Long
BITSTAMP:BTCUSD   Bitcoin
Well bitcoin gave us a little fake out. With the drop through the flag I thought it may possible that we might see some more bearish action so we can get a buy in our desired demand area. But it might of been a trap for sellers as price has pushed right back through and continued the bullish trend. We have a fresh demand zone created though which give us another buy opportunity if we get there. I do think we may see a top soon so patience will pay if we want to buy in at a lower priced demand zone. Let me know your thoughts. GLIYF

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.