Bitcoin’s Strong Rally! (Analysis 2019-06-27)

BTCUSD

Bitcoin is currently seeing another monumental push that has been happening for around a week now. This movement is great signs for trading Bitcoin and is starting to create a picture of how we can best trade cryptos, but specifically BTC.

So what is it going to do from here? Well, you need to look toward the psychological levels as it reacts to them very well. Price is currently hovering around $12,000 but it looks like we will see a long continuation from here.

We will be waiting for a pullback, for price to settle and then to continue up. Bitcoin has a tendency to do this, as it did at $7000 recently.

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