Long

Bitcoin scam may cause pump

Updated

Bitcoin is still battling between $9000 and $10,000 without much clear direction. Following the unfortunate BTC scam on Twitter the crypto space has gained much publicity - whether this is good or bad for the space remains to be seen. In the meantime my bias remains bullish with a test of $9300, a breakout would further confirm this run, our next stop being $9550 and eventually $10,000 again. Our other scenario would be a push back down towards our trend line and the $8880 level.

Trade closed: target reached

$9300 target tapped perfectly but no break may see us back down at $8800 before anything bullish

RitchGBP

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