Bitcoin [BTC] - Update 13/04/2018

in #bitcoin7 years ago

Remain cautious. I like what I see, but 8.1xx is a very strong resistance and has been one (or support) forever, I said about a week ago that I expected BTC to rise to here, before a final dip in anticipation of the real break out. I am still not 100% convinced that we are out of the woods yet, but even if it does go back down, that confirms the pattern. With the volume, that would indicate a bullish break out even when we have to wait a bit... Here is the chart from last week.

Bildschirmfoto 2018-04-13 um 18.39.23.png

I am bullish. Always was. No need to worry.

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Were you surprised we broke up rather than down a day ago?

As I wrote on the 11th it was important to pass the channel between 7000 and 7400 for a further movement. I didn't expected the strength of the movement. But I liked it. :)