Bitcoin surges out of key support zone on 30 day record volume by bulleth

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bitcoin · @bulleth · Apr 13 '18

$67.66

Bitcoin surges out of key support zone on 30 day record volume

BTCUSD has surged out of key support in the 6000-7000 zone and a double bottom is now in play - it's not the most beautiful pattern I've ever seen, but really can't complain about the price action. Solid finish with pair closing at 15 day highs and volume not seen since March 10 - we were just few thousand coins short of a 2 month record on that count:

[![](https://steemitimages.com/DQmVipms6qpnbrHgnEyh2PzgMMZXQUshvMGBFERwgmF7g7C/image.png)](https://steemitimages.com/DQmVipms6qpnbrHgnEyh2PzgMMZXQUshvMGBFERwgmF7g7C/image.png)

Pair is now testing the major trend-line resistance connecting the January swing high to the peak of the Feb-Mar rally. Will be interesting to see what happens here, though all signs point to a break higher atm. A daily close above there would open up the path to the next resistance zone at 9000-9500, followed by those Feb-Mar highs above 11 000. 

My February call re: the bottom being in is now reinforced with this higher low and only a close below 6000 would invalidate my bullish bias. Congrats folks - happy days!

👍 v4vapid, reggaemuffin, cowtippin, cryptomancer, redes, stiflers-mom, buddhist, mrsquiggle, freemoceanisnow, thecryptodrive, hedge-x, furious-one, steemvoter, pharesim, nolnocluap, themagus, forexbrokr, choogirl, jasonstaggers, johndogett, velimir, carlosd15, geekpowered, ratticus, drwom, kiddarko, shenanigans, derrick829, buzzbeergeek, scaredycatguide, adventureevryday, fow, scooter77, gohba.handcrafts, gryphon, teamaustralia, prime-cleric, bssman, crypticus, dadview, veejay, kriptonoob, brakan, patricklancaster, coral-reef, steemitcitizen, buggedout, mdosev, jpederson96, leslierevales, infamousit, steffenix, zebedee29, ameis, codinggeeks, yoshen, steemvapes, irashichin, avesa, lucko, dailythoughts, daviddivergent, simplifylife, andrekweku, and 9 others

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@a-0-0 · Apr 13 '18

https://www.youtube.com/paulbegley34

👎 mack-bot

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@basyir01 · Apr 13 '18

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@choogirl · Apr 13 '18

$0.58

Lambo dealers everywhere rejoice!

👍 stiflers-mom, geekpowered

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@tts · Apr 13 '18

To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/bulleth__bitcoin-surges-out-of-key-support-zone-on-30-day-record-volume.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvote this reply.

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