BTC/USD Idea

BTC has broken the uptrend line (note this is a 4hr chart and the candle is not closed, but 1hr chart shows a clean break), RSI reached oversold and MACD should confirm with crossover. First line of support is at previous ATH at $7500. If that doesn’t hold the next support line is at $7000 which is reinforced by the 50 day MA. I think both levels would be great places to pick up some more BTC, which should be in everybody’s interest as we push for new heights and prepare for Wall Street to enter the market in December.