Bitcoin (BTC) Price Analysis Update - Bitcoin Takes a Dip Under 11k
I think we all expected this drop
Throughout the past days, the one key thing I have been stating is that #BTC needs to break that 12K mark and stop dancing around the resistance
Trading for a while now, whenever I see a coin dance around a resistance, it almost always takes a dip. Now this does not mean it is going to drop, but if #BTC is going to approach that resistance of 12K again, it needs to rip past it, showing that Bulls are in control.
As for the next couple days, I can see a bounce on the 1 Day EMA (15) , if it closes below, it is back on a downtrend
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