2 Bullish Setup For Bitcon (BLX Chart) $14,000 Target

1st Setup: If we can hold our current price level here at monthly support base from old price action in 2018. A target of 14k BTC price is visible
2nd Setup: A Monthly consolidation and 1st higher low at around 8k region then able to find support. Bounce from this level is more likely to happen base from price action in 2018.

I prefer the 2nd setup were we fall down and find support in the 8k range then bounce back to break higher high.
Monthly RSI is like forming a double top (bearish) sign but can still move higher 1 more time before getting over bought condition.
Bull volume have increase in the past 5 months which is very good in our bullish setups.

You can buy at current price half your position trade and increase your size if BTC price lowered to 8k.


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