Crypto to Watch - Bitcoin (BTC) - Move lower

in #bitcoin5 years ago

PSX_20191016_051350.jpg

Bitcoin is leading the altcoins lower as it has broken down below the $8000 level on lower volume.

The MACD is just turning bearish and a cross may be a few days away.

The RSI has also moved lower.

I put the odds at 60-40 that Bitcoin will retrace the October 5th and 6th lows of $7895.

STEEM has broken below $0.13.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 64513.75
ETH 3146.11
USDT 1.00
SBD 3.95