joncorreia

Will this positive trend line hold for BTC?

Largo
BITSTAMP:BTCUSD   Bitcoin
I wouldn't risk doubting it, and think its worth buying bits of BTC if it keeps riding this positive trend line up as it has. If it slightly dips below it like it did in Feb 23rd, then its major affordable entry point. We're already below 50, 128 and 200 moving avgs on the daily chart. Lets if how this possible ascending triangle plays out. Not to mention on chain data showing we're at peak exchange withdrawals. I'm bullish, now, medium and long term!

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