Long on bitcoin as we have a perfect bounce from the demand zone. although it was only a small shift in structure on the smaller timeframes, we see the btc has respected the demand zone . Im going lon!
Bitcoin has been ranging between 91800- 95000, however it has not given us any confirmation of the Bearish head and shoulder pattern. Nor has it broken out of the range to form a new high. Until then we need to be patient and see what price does before entering in any trades. We will love to catch the next move up which should take us to around a $120,000...