BTC/USD Forecast: Long

Here is what to expect on BTC/USD

Currently @ 56830

We are currently bullish on the pair
BTC/USD is approaching previous support/resistance @ $58,000
If the pair manages to break above this resistance it will test next resistance @ $60,000
and break above it.
If it fails to break above resistance @ $58,000 the pair might fall back to $53,000

OUR POSITIONS:

Buy Stop @: $58500
Buy Stop TP @: $60,000
Sell Stop @: $55,000
Sell Stop TP @: $53,000

Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.