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BITCOIN - Not All On Board Yet

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BITSTAMP:BTCUSD   Bitcoin
From the last update, BTC tried the rejection level twice and it didn't have even a chance (Marking purple box in the previous post). After hitting it, there was about 6% drop and was under support, new rejection at $10600.

Now BTC is making falling wedge and it looks like it will go all the way. There is not a lot of time to stay above $10350, witch is very important for escaping the bearish case. It is very likely that will touch $10k and fall below.

First stop should be at about $9750, probably won't stay long at then price can go lower, at $9300/400.


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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.