BITCOIN - 2 Jan

in #bitcoin6 years ago

4hr : play out almost as mentioned in yesterday post dip below testing 6800 zone channel bottom support. If it test and bounce off quick, it's a good sign of strength for the coming weeks.
base on seasonal pattern, Feb tends to be bullish for btc.

daily : possible IHS neckline around 7800,
weekly : tighten consolidation forming ascending triangle, top 7500-7800, possible bear flag and push for lower lows into 5000s

1.-Bitcoin-Price-Chart-1000x570.jpg

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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
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