Bitcoin Price Outlook Worsens After Drop to Five-Day Lows

in #bitcoin6 years ago

A confirmation of the pennant breakdown could yield a sell-off to $5,755 (June low).

An interesting article on the technical analysis of bitcoin right now. It sure has been range bound lately, staying above the $6000 level and below around $6600. If I had to guess, I'd say the next big move is going to be up, but this is a crazy market....

Read the full story here...
https://www.coindesk.com/bitcoin-price-outlook-worsens-after-drop-to-five-day-lows/

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Bitcoin right under $6300 right now, I'd like to see it pop back up above $6300 and stay there....

Cryptos are looking horrible....

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Bright spot of the day; steem. Up to $.83 right now, not sure why, but I'm not complaining

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