Maximilian_FX

BTCUSD: Price increases keep thinking, what's going on?

Long
BITSTAMP:BTCUSD   Bitcoin
Hello friends, what do you think about Bitcoin's next trend?

BTCUSD Specifically, in general, the price quickly surpassed the resistance level of 65,000 USD and increased strongly until now.

Technical analysis shows that the 34 EMA is forming a reversal signaling further price increases for this Bitcoin coin.

With the possibility of a DOW forming, theory and technical fundamentals suggest the price will quickly rise to the designated targets around $70,211 and $73,783.
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Trade closed: target reached:
Objective 1 is temporarily completed

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