SinatraFX

BTCUSD correction after piercing multi-year weekly resistance

BITSTAMP:BTCUSD   Bitcoin
BTCUSD correction after piercing multi-year weekly resistance

Wonder what just happened in Bitcoin?
Well, we pierced that weekly resistance zone that has worked out twice before.
All who consider to go long in Bitcoin should be aware that technically speaking we could see a pullback to the lower 9.000$ levels before we move on to my mid-term bullish target around 14.000$

This is no trading advice!!

Cheers

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