Bitcoin
Long

Why I'm Bullish?

73
1. Bitcoin is back in the old down trend channel and showing resistance at the equilibrium, price range at the top of the channel is $9400-$9500

2. BTC is forming an ascending triangle

3. RSI is climbing very nicely

The Plan: Stay in my long position from $8750's and raise stop loss from $8650 to $8900. I've been adding small amounts to position as we dip.

Take Profit: $9400 to $9500

Stop Loss: $8900

Leverage: 5X

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