thesimpletraders

Bitcoins last chances for a trend reversal

BITSTAMP:BTCUSD   Bitcoin
If we take a simple look into this bullrun, we can conclude that

- the major trendlines are still valid and not broken
- we should see continuation for support at both trendlines, watch old resistance lvls which should turn into new support
- a continuation of the parabolic upward move may take some time, weeks or months. We will first test the old support lines

BTCUSD

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