PaulsCrypticMine

BTC still not out of the woods yet

BITFINEX:BTCUSD   Bitcoin
As you can clearly see on the RSI that we in a bullish rising channel inside a BEARISH falling channel. I want to be super bullish on BTC, but it still has some proving to do before I can have 100% verification that we have resumed an uptrend. Gotta keep all scenarios open and keep an open mind so we dont get caught with our pants down. I was lucky to lock in profits this morning and now I wait to see what fib level BTC bounces on and some bullishness for verification.

Again todays retracement levels should give us an idea of where BTC is heading.

Super Bullish - 9229 (no longer in play)
Bullish - 9119
Neutral - 9009

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