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Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks

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BTC/EUR Short Term outlook

Monday, March 9, 2015 6:18 AM UTC

BTC/EUR is trading around 253 (Mar 4^th high) and any break of will target $274 in short term. Overall trend is bullish as long as short term support 240 holds.
On the downside any break below 240 will target 230/ term weakness can be seen only below 230.

Indicators (4 hour chart)

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy

Recommendation: Buy BTC/EUR around 250, SL 239, Target 274.

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BTC/EUR Short Term outlook

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