Bitcoin
Long

BTC - Ready To Takeoff

378
Hi, this is my new update for BTC. Finally we are seeing green candles in BTC. Right now we are above the 50 weeks moving average, I hope we close the candle above it on Sunday and we have broken one of the most important trend line in the RSI chart and that indicates we are going to takeoff soon. The first major stop for BTC is between $34500-35000, because we have both a resistance and the 50SMA and once we break those levels we are going to test the resistance $40000. I also expect we are going to do 50% to 70% retracement, but if we want to break ATH we have to break these levels and I think they are strong. So be cautious.

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