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Bitcoin Price Recovery (Bounce) Still Possible But...

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It is still possible to see a short-term recovery for Bitcoin (BTCUSD).

Here we have prices moving above EMA50, the RSI above 50, and the MACD now entering the bullish zone.

This can that I am mapping here is a short-term move aiming at ~$17730 and/or $18199.

Conditions for change
Breaking and closing below $16500 would invalidate this move.

Make sure to build your own plan before you trade.
The altcoins are growing and will continue to grow.

Namaste.
Note
The first target hit!
Note
The second target hit!

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