CryptoStrategies

Bitcoin: IH&S Trend Reversal

Long
CryptoStrategies Updated   
BITFINEX:BTCUSD   Bitcoin
If the IH&S is able to complete, breaking the bear trend line, the ensuing move would likely propel us back toward our previous BTC highs.
With this being said; I'm still keeping in mind the current 235 day cycle which ends on October 9. The end of a bullish cycle marks the start of a downtrend over the next 235 day period. It would not be wise to ignore that.
Trade active:
Breakout confirmed.
Comment:
Punched a hole through the roof. Up into the next section now!

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