Mihai_Iacob

Bitcoin- Bulls must hold 22k

Long
BITSTAMP:BTCUSD   Bitcoin
On Tuesday, after a consolidation day in resistance on Monday, Bitcoin managed to break above 22k important confluent resistance, given by the horizontal level and the falling trend line from April.
The main cryptocurrency is in a correction of this first leg up now and a new wave of buying could follow.
The levels to keep in sight are 25.5k and the important 28.5k resistance, but bulls must hold above support.

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