nonoiz

BTC chisels a channel. All bulls now?

Panjang
BITFINEX:BTCUSD   Bitcoin
BTCUSD

Looks like the bulls did have some pent up energy guys. Not too surprising after the 70% dip we have seen in BTC. Looks like this pull back is a liquidity break for a move higher with a low support target of 9800. Furthermore, if price can stay in this newly formed channel, get ready for some alt season! Ideally BTC riding up this channel to 15kish resistance would be a perfect chart setup. And not necessarily bullish per say, but constructive overall.


Happy trading!

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