Bitcoin BTC - April 23 Technical Analysis - The Ascending Triangle Is Strong.

General Tone:
Over the past 3 days, we see the ascending triangle is extremely strong. Though bear (no pun intended) that it does not always guarantee a break up. Resistance is strong between $9,200 to $9,300 range and the R:R ratio is roughly 2.77 if positioned accordingly for a possible 3% gain at moist. Bearish counts are in if we meet the criteria of breaking down of the ascending triangle firstly, the secondly breaking below $8,791 to $8,616. Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bullish
Short Term Bias (Today) - Neutral
Long Term Target Prediction - By 2018, $1,750+

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