Daily Bitcoin Screening: $9,157 (1d chart)

in #teamcrypto8 years ago

#Bitcoin has broken below our major horizontal #support line and held on the 4hr chart. I decided to pull things back to the 1d to get a big picture. Just underneath that horizontal support, we see another major support trend line. We are on top of it. If this daily closes beneath that line, we could be seeing an even further dip. I drew another horizontal support underneath to show a potential next stop (approx. $7,500). This is a very pivotal day for #BTC. I was hoping to bust out of this #bearish trend. Stay strong #hodl gang. Screen Shot 2018-02-01 at 9.18.24 AM.png

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