Crypto to Watch - Bitcoin (BTC) - Back Below $10K!

in #bitcoin • 6 years ago

PSX_20200216_163614.jpg

Bitcoin had moved below $10K again on average volume.

The Bears has stepped in as the US Government is taking a hard stance against crypto.

The MACD and the RSI are turning Bearish.

The 50 day moving average is about to cross the 200 day moving average as Bitcoin is trying to form a Golden Cross. Bitcoins Death Cross happened at the end of October 2019.

Bitcoin is forming a Bearish Inside Bar and I put the odds at 60-40 that the next move will be lower.

STEEM is trying to hold on to the $0.20 level.

#steem #cryptocurrency #money #investing
6 years ago in #bitcoin by
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     6 years ago 

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