BitInfo12

Bitcoin: The Road to $6,000

Long
BITSTAMP:BTCUSD   Bitcoin
BTC is looking like a coiled spring ready to take off and test the $6,000 level. BTC has touched the Fib levels perfectly as it has laid out a series of higher lows and higher highs.

I would look for BTC to break out of this Bull Flag to meet resistance around the $5,800-$5,900 level. After that, who knows? That $6,000 order book is going to be big.

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