BTC/USD Keep An Eye Out for a Breakway
BTC/USD
BTC/USD is showing strong potential for reversal based on daily charts. It has broken through the triangle and is currently testing resistance at the previous low of $11,127 and based on sentiment in the news I have confidence in a reversal. However, should it run south then there is still money to be made in the short term on quick short positions if you can get a broker with a good enough spread. We are currently in a large correction which is par for the course when it comes to Bitcoin but I expect things to turn around soon for the whole crypto community.