KevinOrchard

BTC Could Be Building

Long
BITFINEX:BTCUSD   Bitcoin
Have been out of BTC for a bit, luckily before the last dip as was long.
Latest setup has me interested again in a quick trade over the $8K mark.
Previous support of approx $7800USD is now resistance and lines up with Fib.
If can get over this a nice trade up to $8200 relatively low risk.
On the 4HR can see some price momentum building but if it drops, a quick retracement below $7K likely.
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