BitInfo12

BTC Breakout coming on November 23rd

Panjang
BITSTAMP:BTCUSD   Bitcoin
It's pretty obvious that BTC loves reaching All Time HIghs and the odds are usually in it's favor to break records. However, timing these breakouts (and breakdowns) is a different story.

BTC has been on a Bullish upward trend since a breakout above $8,000 on the 15th of November. Since this breakout occurred, an upward trajectory from $7,079.00 to $8,250 has created a strong supportive trend line. An upwards resistance line is allowing a consolidation which should lead to a BTC breakout on the 23rd of November. BTC $10,000.00?

Happy Thanksgiving everybody. Onwards and Upwards.

Penafian

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