Bitcoin - Long

By RobsPlan
Updated
I think people would like 38k, if this is a bull market we wont get that. I am getting the feeling this is going to run it back to highs at 48k here soon. Its sitting in a weekly demand area, with a bullish MACD crossing on the 4 hr time frame.

With lots of speculation and longs washed with the 20% dip i think running it back would make sense.

If incorrect, look for 38k
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I like bidding this 40k area, think this may be the bottom. Great reaction from the lows.
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I hate myself, looking for 38k
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38k was spot on, a lesson in following your charts. I was a bit to bullish and didnt wait like i shouldve. That said, up to 42k from the low, are you not entertained? If we break through the 42k region im looking to the yearly highs of 48-49k.
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Trade closed: target reached
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