BTC looks like it could be setting up to rally on the daily chart

in btc •  7 years ago 

We have a potential double bottom in place and prices are starting to move up.

Plus the MACD looks like it's in a good place to start to curl up and cross over.

MACD crossovers from oversold positions are generally pretty powerful technical indicators, though not always.

I would not be surprised to see prices rebound over the next week or so.

I am holding my btc bought around $10k and looking for moves up near $15k.

What are you doing?

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Saya sangat menyukai pos anda. # @jondoe

I still have holdings in alt coins, but i'm sticking the rock solid ones, slowly consolidating back into BTC, a rally to 15k within 2 weeks is highly likely.

I saw a forecast in will be 27000$ in February
too much?
I hope it will)

I would say it will settle around 21K in about March. A couple of set backs with exchanges, negative announcements, and newcomers pulling out too soon have delayed things and reduced the magnitude. I stay very optimistic.