Crypto to Watch - Bitcoin (BTC) - Is a reversal here?

in #bitcoin7 years ago

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Bitcoin may be forming a bottom here with the bullish candle forming on this 24 hour period. Bitcoin has traded from $8974.62 to $9328.09. The big problem is the MACD which crossed to the downside yesterday. This is a very bearish sign and Bitcoin could fall further to the $8900 level.

I am going to stay in cash until I see some consolidation.

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I wouldn't mind to get as low as $7900 level.

Not sure about 7900.. lower 8xxx.00 is possible. After that???

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@shmele93 posted a nice HS pattern that could go down below $8k.

But main thing is 9560-9600$ also that should be great setup of Head and Shoulders.So when if this is happening target is around 7800-8000$ dont forget it!!

That is where I "sensed" that $7900 level. 😂

7965.xx looks like a target or less.

Let's make some money at these levels first. LOL. Thanks for commenting. Upvoted and followed you.

thank you again @scorer for you generous upvote on my dollar COT report...

ok, for you @gatorinla and @scorer, I will work on Dollar, Euro and Bitcoin COT this morning...

About Bitcoin, i think will go to 12,000 USD very soon.

Oh man I hope so. Thanks for commenting. I upvoted and followed you.

Can you see 20k again?

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