FlourishingCapital

$BTC.X Are you scared?

Long
BITSTAMP:BTCUSD   Bitcoin
We have a trend since 2015 and we are now on that support. Days like this make or break traders. A weekly close significantly below current levels would fundamentally change the structure of the chart and should cause pause for thought as to whether BTC is gaining value over time. A weekly close above the support line is yet another confirmation of the many times this support has been tested and eventually leads to a price much higher than the 2017 peak.

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