Hol10

Bullish trend possible if we break $8502.99

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Hol10 Actualizado   
BITSTAMP:BTCUSD   Bitcoin
Bullish trend possible if we break $8502.99.

$8970.69 and $9726.74 being the next fibonacci resistances.
The new upper golden ratio of $12,930.11 is the lower top of a possible bull market.

In the scenario of a fake-out we can assume the market to have low volume activity during the coming days.
I will post another analysis with a bear scenario in case of a bull trap.

Long term:

Bitcoin and blockchain sentiment uncertain but seemingly improving.
Altcoin prices starting to warm up from the crypto winter faster than expected as an indirect result.

A bullish pattern to the next lower top is a short term question of "when".
Comentarios:
bear scenario: chart/BTCUSD/NEdyD45X-Fake-out-bear-trap-scenario/
Comentarios:
Ladies and Gentlemen, We have found a strong resistance.
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