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Bitcoin
Long

BTC bullish case

By JerKad
Looking at the daily chart, you can see that BTC is forming a rounded bottom. Rounded Bottom often continue to shape a Cup&Handle, which is a bullish chart pattern. The Handle would play out well at the 0.236 FIB level. Confirmation of the pattern would be a break of the upper yellow trendline and would be a nice entry for a long! This would be in confluence with the bullish crossing of the 50MA / 200 MA
Bitcoin (Cryptocurrency)Cup And HandleFibonacciLONGMoving Averages
JerKad

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