Expecting a bullish move in BTCUSD - $2500 holds and up we go!
Just no quit - currently consolidating at the 30minute 200dma approximately $2500 US. We are watching for this level to hold and then further price progression to the next areas of resistance and pivots on the chart.
A break of the wedge approximately $2530 with some momentum may begin the next bullish move to $3000. for the uptrend to continue, the worst case, line in the sand for BTCUSD is the 30minute pivot area around $2460
Ive been posting through the day technical analysis on bitcoin in the hopes to share with people a methodology that works on predicting cryptocurrency price patterns.
To see earlier posts:
https://steemit.com/bitcoin/@satchmo/bitcoin-going-to-keep-running-to-usd3000-how-about-to-the-moon
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