Bitcoin Price Update - Technical Analysis
Coin/Asset:
-Bitcoin/USD
Current Price:
-$9,275
Update of my previous BTC/USD analysis post (view it here).
Time analysis called resistance at the near $12,000 mark perfectly as I noted a 8th candle in a sell sequence. This means we could see 1-4, or 1-9 days of bearish movement completing a countdown before a buy setup can begin forming.
For anyone who bought the dip, my analysis would have helped you lock in some profits. Hopefully it helped some of y'all, stay tuned I will make another post when a potential reversal comes our way.
HODL on!
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Thanks for sharing your info with us at the @steemexperience!
Cheers, thank you for your comment:)