BTCUSD Buy Signal

Wait 5 sec.

BTCUSD Buy SignalBitcoin / U.S. dollarBITSTAMP:BTCUSDilia.gobadzeBitcoin is showing a large consolidation range on the daily chart between the 60,000 and 64,000 levels. The price has already broken both sides of the range, taking out the stop losses of both buyers and sellers. Now, the market is likely to retest the 50% level of this consolidation. On the H1 chart, momentum is turning bullish. Risk–reward ratio: 1:5