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rambogoham1

Bitcoin broke out of descending channel. One possible outcome.

Long
Bitcoin (BITSTAMP:BTCUSD)  
rambogoham1 Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Bitcoin (Cryptocurrency) bitcoinforecast bitcoinusd bitcointrading
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chartpattern bitcoin bitcoinforecast bitcoinusd bitcointrading
Bitcoin is currently in a bull market on the yearly time-frame. It broke out of the decending triangle but has not touched it yet. Massive resistance at the 9,000 dollar level. This is one possible outcome over the course of this year.
Comment:
Dipped a little harder than anticipated but still on track for 14k retest EOY.
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