eshy
Long

Bitcoin Support - $7,500 Bottom?

BITSTAMP:BTCUSD   Bitcoin / Dollar
$BTC Daily chart . The $7,500 in my opinion is our "bottom" obviously you can't predict the future so if it breaks you have to react but it's really strong resistance turned support on daily TF. Also, our recent bounce collided with the old support/new resistance of the supposed bull flag that's since been broken down. I'd like to see a strong break back into that channel, as well as a break in the down trend line on our oscillators. In any case we're approach oversold on the RSI ...
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