Bitcoin – Forex Combo Strategy : Bitcoin Breakout

Posted On 19 Dec 2018

A wonderful winter day everyone, is the snow falling where you are or do you enjoy sandy beaches? Bitcoin has stopped falling and currently enjoys a solid increase in bullish momentum. Price action completed a breakout above its horizontal support area today and short-covering can push this cryptocurrency back above the $4,000 level rather quick. I am currently watching the $4,384.74 level to be exact which represents the intra-day high recorded on November 29th 2018. This is a very crucial level as a sustained move above it can extend this rally back above $6,500.

Source:: Bitcoin – Forex Combo Strategy: Bitcoin Breakout

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