BTC/USD Symmetrical Triangle

Bitcoin / Dollar BITFINEX:BTCUSD

dee_fx_mee

I am currently bullish on Bitcoin , after moving from the past few weeks of consolidation, before breaking out of the 42000 Resistance zone . Then testing the 48000 R-level before falling back to retest the 42000 which could now be used as the new Support zone .

A break out of the 48000 (upper trendline) could be the break the buyers need to push the price up to the 68500 zones again.

Going bullish on BTC could be a nice idea.

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