Bitcoin Has A Couple of Reasons to Bounce
Updated
The 34 Day EMA on the 1 Day Chart has been a long standing support line.
In addition, at the moment, after a couple of day of strong bullish moves there is a bit of a pull back that just occurred. But we may have entered the corner of a bull flag. Is this a buying opportunity? I think it's a risky time to enter the market but it is always fun to catch a bottom.
I'm calling this long. If I'm wrong now, just don't sell below your entry point...with Bitcoin all you need is time.
BTC
In addition, at the moment, after a couple of day of strong bullish moves there is a bit of a pull back that just occurred. But we may have entered the corner of a bull flag. Is this a buying opportunity? I think it's a risky time to enter the market but it is always fun to catch a bottom.
I'm calling this long. If I'm wrong now, just don't sell below your entry point...with Bitcoin all you need is time.
BTCNote
Bull flag was in the wrong position, but now it has been made clear and the bullish BTC movement has been confirmed. 
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