AndreaClark

BTCUSD breakout resistance and long to 52900

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is trying to enter a recovery phase. The support level 46700 was not broken, the price returns to the resistance level and the lower support border passes at the same place, if the price enters the channel, it will most likely trade in it and we can see growth.
If:
1) the price will break through 50575
2) will gain a foothold above the level
3) most likely there will be an increase to 52900
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