Bitcoin Awaits Price Breakout As Trading Range Tightens

in #bitcoin6 years ago

A convincing move above $6,754 would signal a resumption of the rally from $5,755 (June 24 low) and would open the doors to $7,000, as indicated by the double bottom breakout and bull flag breakout earlier this week.

Timely article as bitcoin has moved above the $6800 level, the article says we could see a run to $7000 near term, would love to see that. I'm hoping the bottom is in and brighter days are ahead. I would imagine some of the future traders are getting long based on a breakout on the charts....

Read the full article here....
https://www.coindesk.com/stuck-between-key-chart-points-bitcoin-price-seeks-direction/

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Ethereum almost to $500 again....

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