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Bitcoin
Long

TA on BTC/USD

By Trader_hao
It seems like Bitcoin is on an overall down trend if we are using the daychart (long term outlook). However, just 2 days ago, BTC broke out of the downtrend resistance because of the USDT saga (so its not technically a fundamental breakout). However, i am still bullish on BTC especially closing in to middle of november. Price is at around $6,740 right now and i foresee it to reach $7,000 and stabilize over at that price region by november 1st.
Beyond Technical AnalysisBTCBTCUSDbtcusdlongBTCUSDTChart PatternsTrend Analysis
Trader_hao

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