BITCOIN LONG @29.xxx$ ? BTC LONG

One could roll the dice on Bitcoin, once we hit that support zone between 30k and around 28.5k and speculate on a reflex rallye. Trade setup TP is put on the .50 fibonacci retrace of the last mark down. Would be a decent reflex rallye. Stop below 28.5k support and pull the stop on entry once bitcoin shows some bullish momentum to be safe to the downside.
bearmarketBitcoin (Cryptocurrency)BTCChart PatternscryptoCryptocurrencyTechnical IndicatorsLONGoversoldrallyesupportTrend Analysis

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