cryptodiggy

Bitcoin BTC short term bullish but no new bull just yet

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is looking bullish to me in the short term, but we're far from a new bull market.

If we can somehow get above 4500, I think there is a clear path back to the 200MA around 5800.

If we can see a sustained move above 6500, I think we could start a new bull market, but that's something to revisit in future.

For now, let's see if we can get a run up to the 200MA (where I'd be looking to take profits off the table for a long trade)
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