#BTCBackto100K

#BTCBackto100K Bitcoin is in a rising trend channel in the long term. This shows that investors over time have bought the currency at higher prices and indicate good development for the currency. The price has risen strongly since the positive signal from the rectangle formation at the break through resistance at 67241. The objective at 84547 is now met, but the formation still gives a signal in the same direction. The currency is testing resistance at points 106000. This could give a negative reaction, but an upward breakthrough of points 106000 means a positive signal. The volume balance is positive and strengthens the currency in the short term. The currency is overall assessed as technically positive for the long term.

Recommendation one to six quarters