cbassthefish

BTC USD Bitfinex Current situation possible $17,000 breakout

Long
BITFINEX:BTCUSD   Bitcoin
BTC USD Bitfinex Current situation possible $17,000 breakout. The blue line represent probably the hardest point to break out from. Round numbers are always hard to break through. This is a psychological barrier for us to break through and stay above. The green line represents the level of the previous recent high. Again, let's make it a round number: $17,100. Given that the current bitcoin charts are now bullish, a break out above $17,100 could yield a massive bull run.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.