Bitcoin
Long

BTCUSD Channel Down bottoming. Bullish reversal ahead.

389
Bitcoin is trading inside a Channel Down and today the price almost hit its bottom.
This is a similar buy signal with February 9th and 12th, when the price reversed to hit at least the 0.618 Fib.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 96700 (the 0.618 Fib).

Tips:
1. The RSI (4h) is oversold, which is always a strong technical condition for a buy.

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Notes:
Past trading plan:

BITCOIN rejected on the MA50 (4h). 95k possible.

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