Mihai_Iacob

Bitcoin can rise to 25k

Long
BITSTAMP:BTCUSD   Bitcoin
Although the medium-term trend for BTC and Crypto market is bearish, at this moment bears seem incapable of a new low.
Since the recent 17.500 low the price is consolidating and a higher low could be in place at 18.500.
From a short-term speculative perspective, a rise to 25k is probable and has a comfortable R: R.
Buy dips under 20k can be a good strategy and a drop under 18k would negate this scenario

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