BrazyInvestments

BTC BREAKDOWN — Holiday Edition

BITSTAMP:BTCUSD   Bitcoin
It has been noted that Q4 has been the best time for Bitcoin gains. With the holiday seasons rolling in, we’re looking for another period of growth in the markets.

1. BTC is currently at a relevant level of support
2. It is also approaching a potential pivot point (around 58K) within the trend channel.
3. If BTC respects the support level, it should continue bullish towards TARGET 1 @ around $65K (previous resistance), then TARGET 2 @ around $69K (previous high).
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