Bitcoin TA Update 09.04.18 - Fractuals and a very tight trading range for #BTC

choudhum (36)in #bitcoin • 6 years ago

#Bitcoin TA Update 09.04.18 - Fractuals and a very tight trading range for #BTC has been the trend for the past week or so.

What could this suggest?
I believe we are slowly seeing the weak hands in the market being filtered out by less and less sellers.
I still believe we have a further leg down in order for this theory to really materialise, and in essence to finally find the bottom, which will be established (already) by the institutional investors and whales.

This floor could be $6,000 but I'm going to stick my neck out and suggest that we will make a lower low than the February lows of around $5,900.

What do you guys think?

Peace. #CryptoKnowledge

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