MtICHI

bitcoin is bullish

Long
MtICHI Updated   
BITSTAMP:BTCUSD   Bitcoin
The Bitcoin market has been very positive in the early hours on Wednesday, as the market continues to pay close attention to the crucial $60,000 level underneath. Ultimately, this market looks as if it is trying to build a case for higher levels.
That rounding bottom of course, could be indicative of traders trying to buy into every short term pullback. That gives us an opportunity to pick up Bitcoin on the cheap. I also recognize that we had shot straight up in the air for so long that it’s probably worth noting that we, for the most part, need some type of consolidation.
Comment:
target hit
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