sebastian.seliga.7

BTCUSD at the key resistance zone

BITSTAMP:BTCUSD   Bitcoin
After the breakout above the first supply zone, the price of BTCUSD 2.64% is now testing the second supply zone between the levels of $4,600 - $4,700. If this zone will not cap the price somewhere in the rectangle area, then another attack on swing highs at the level of $4,970 is possible. This scenario would also mean, that the golden trend line is so far working very nice and larger time frame trend remains bullish.

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