Quick Bitcoin Technical analysis

in #bitcoin7 years ago

Bitcoin touches Ichimoku cloud on the daily chart. If it breaks in very likely reaching the top of the cloud at least at around 12.8k. If it bounces off we can look for support at 10k-10.3k range from the downward trend line. Not a financial advice,  but if I were buying now, I would set stop loss at 10k and look for bitcoin to break 12.8k. Likely best to see if it bounces off the cloud or breaks in.

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