PetrockFxTrading

BEAR SEASON ALMOST OVER, BTC NEXT MOVE

Long
BITSTAMP:BTCUSD   Bitcoin
As we can all see, we have 3 credible support trendline with the green arrow, the present daily candle has tested it and has not broken it.

Therefore if price does not break this support trendline, I expect Bitcoin price to long to $40,000, pull back then continue to rise.

If price breaks the supply (resistance) zone at $40,500 to $41,500, then we are off the bear season for good and we joyfully ride to $58,000.

What do you think?

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