Bitcoin (XBT) Moving Back Up (Bounce In Place)

By AlanSantana
Updated
Bitcoin (XBT) is starting to move above the support levels that it broke below (moving above resistance).

It has been trying to gain momentum but big rejections keep happening. Still, higher lows are being maintained on the 4H time frame and the bullish MACD and RSI are in place.

I am LONG since my last XBT trade fail waiting for this bounce (I mentioned it would happen in my last post).

Feel free to show your support for a more detailed analysis/update.

Namaste.
Comment
It is moving and gaining momentum now... So it is looking better: snapshot
Comment
Ripple (XRPBTC), leading the way?

Ripple (XRPBTC) Retrace Is Over!
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