BitInfo12

BTC: Interest Wedge Set Up - Levels to Watch

Long
COINBASE:BTCUSD   Bitcoin
#BTC is testing the 50-day Moving Average with interesting volume. If these levels break and there is a follow-thru, I'm looking at the $32k range for the next resistance level. Potential 16% move. If rejected from these levels, look for a retrace back to 25K range for further consolidation and a move in the future. $24k is the ultimate level to defend. I'm 65/35 bullish. Set stops and position size.

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