Bitcoin
Long
Updated

BTC - 10 October 2019 - Long Waited Bounce Targets

248
Bitcoin has been struggling below 50 daily MA for a while.

Yellow line is 50 MA and Red line is 200 MA.
Looking at the past, we might be about to see a pull back to 50 day MA and a test.
Targets are from 9400 - 10000usd

If bitcoin decides to reverse the trend we will be buying back above 11k.
Enjoy the green bars my friends!
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will we break the channel downwards or upwards? lets see...
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Most Bullish scenario I have:
4-5 more months of consolidation sideways and bull...
Direct skyrocket moon bull season is the most unhealthy thing that can happen to bitcoin... 20k in 2 months? Really really bad for bitcoin

snapshot
Trade closed: target reached

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