pattahedge

bitcoin after bakkt launch

BITMEX:XBTUSD.P   Bitcoin
as we can see bitcoin has a nice support on a long lasting trend line and fails to go under it.
current price also corrolates with 200 ma wich makes it a great support level, a daily close under would mean we go look for support on the next trendline,
but for today i think we have more change of going up and touch the green trendline as a minimum, break that and we could maybe go to the white trendline, 3th target is the purple trendline.

lets see how it will work out.

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