stewdamus

Bitcoin to break through $2760 resistance tonight

Long
BITSTAMP:BTCUSD   Bitcoin
As the markets start to wake up in the far east, I expect a push through our overhead resistance of $2760 tonight. To do so though, it is important that we also close out above our middle Bollinger Band of support , currently at $2670. If we do, it is a good sign that we will push through that tough overhead resistance of $2760 tonight. Once accomplished, the road to $3300 should be fairly quick and smooth.

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