BitcoinLong
Bitcoin Ready to Test Breakout of $47,500 ! ( 60K Sept )
Bitcoin still in Uptrend. Going up to test the overhead resistance at $47,500. 4 hour MACD turning + green showing positive trend flows. Can we break it or not is the question. We should know by next week. Sometime Trend channels need to be adjusted if a breakout lower from the up trend channel does not lead to a massive break down. This is what it seems BTC is showing. If we keep going up in the adjusted channel from here we are still good. See chart for adjusted up trend channel. ( On Target for $60 K in September ) if trend channel holds.
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