Bitcoin USD Trade 25th Aug, 2018

Bitcoin bearish trend after the all time of $19,000 in the 4th Quarter of 2017 may have found the new bottom ranging between$5000 and $7000.

On 11th Aug, bitcoin found a new bottom of $6100, while on 21st Aug MACD crosses over indicating a possible uptrend in coming days.

The point marked as bull confirmation was the turning point confirmation of price reversal in the up trend.

In the last Quarter of 2018, i believe BTC migh rally up to $10,000

A quick short term trading plan targeting $8300 from$6100. Buy and sell position indicated below.

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