Bitcoin
Long
Updated

BTC ready to bounce- $57k

178
BTC making a rounding top amid a bullish trend. If we hold above the $53,500-53,700 range, BTC should bounce on increasing volume and start a new uptrend to 57k.

If we fail to hold the dashed white line, things could get ugly.

- Sultan of Chart

Note
Strong bounce on good volume, as predicted. It has moved a lot faster than we expected, but who's complaining? Wouldn't be surprised to see us slow down before breaking the 0.618 fib line but staying long
Trade closed: target reached

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