BTC in dip mode
As long as $54.5k holds, the near term momentum should hold
Bitcoin is dipping but the uptrend hasn't been broken yet.
Here's the latest chart:
(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)
The way I see it, as long as we hold $54.5k, things are still gravy.
If we break that level might be some consolidation before we start going up again.
That didn't last long.
Held the range.
Dip then rip.
Nice when it works out like this.
The real test is coming shortly...
Do we fly or consolidate?
ETF is officially here.
It's at 56,414 as I type! So far so good!
Yep, looks like it held the range.
Today's low is $54,231, now at around $54.7K, I hop this can hold but will see as it approaches end of the week.
Looks like it held the range.
This is pretty much the second correction I was expecting... Now it will start to build momentum for the next big climb up...
Consolidation.