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Mihai_Iacob

Bitcoin- New leg up after touching support?

Long
Bitcoin (BITSTAMP:BTCUSD)  
Mihai_Iacob  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD BTCUSDT btcusdlong btcusdforecast btcusdidea btcusdanalysis btcusdbuy btcusdtlong
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trendanalysis chartpattern indicator bitcoin btcusd btcusdt btcusdlong btcusdforecast btcusdidea btcusdanalysis btcusdbuy btcusdtlong
As expected, Bitcoin corrected the strong leg up that started last Sunday and confirmed 51-52k as support.
A new leg up can follow this confirmation and bulls can have 60k as a target.

However, a new dive under 50k would spell disaster for bitcoin holders and would confirm a medium-term downtrend
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