AlanSantana

Bitcoin To $60,000 On The Next Jump! MA200 is the resistance le

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
MA200 is the resistance level in play.
This is the deciding point.

Bitcoin moved above this level followed by a very quick retrace (3 days) and today it is decisively moving back up (with strong/ bullish indicators as support).

The daily candle is closing in 1 hour and 30 minutes.
We will have a strong close above MA200 (the black line on the chart) if we can get a FULL GREEN candle today.

In the case of a full green candle, we are definitely aiming at $60,000 or so on the next bullish jump.

We have higher/better targets long-term (see it here), but this is what I am looking at short/mid-term.

What's your take?

Thanks again for reading.

Namaste.

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