RenfroS

BTC

Pembelian
BITSTAMP:BTCUSD   Bitcoin
Looks like BTC wants to break back up to orginal high. On the daily price is trapped in price box right now. If we can close above the box I would feel comfortable taking buys around this area. Key buys would be a break and retest around 53,000. We already rejected weekly of 38% retracement. Price broke above trend lines and candle formations created a mother and baby candle confirming either a reversal or a bearish continuation. This last close above the price box and possible resistance would confirm buyers are in control of the market again. I wont be taking trades unless we break this box.
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