Merry Christmas from Bitcoin

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Posted several times about Bitcoin in recent weeks and holding a profitable long position currently.
With the 2yr trend line and top of the neckline on the bowl structure broken I think we are in a trading range somewhere between the current $900 and around $1350.

The MACD has bags of headroom, the currency will trade over the Christmas period more than most and has been popular in Asian markets of late. RSI looks a little hot but I think this has the momentum to hold a high value for an extended period.

My view is that this will test the all time high before the new year. When it moves it moves fast and big.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out