Bitcoin Moves Lower, Aiming At $8,000 On The Daily

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
It is no secret that Bitcoin is dropping now... Many altcoins continue to grow...

Bitcoin ( BTCUSD ) just broke below EMA10 and is aiming at $8000 - $8100 next.
This price range coincides with EMA100 (purple) and EMA50 (yellow)... This looks like just the beginning of the drop.

The MACD is looking bearish as well as the RSI .
We were expecting this drop as we got a clear signal on the 19-Jan.

The next target is red.

Comment: Previous analysis | Bitcoin Can Easily Drop From Current Prices | $8320 Followed by

Previous analysis | Bitcoin Prints A Bearish Signal, Time To Drop?
Comment: Waves Finds Support, Retrace Over? Next Target Mapped

Enjin Coin Gains Momentum | Can Go Higher | Chart Mapped

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Related Ideas


I think fractal is in play from last bear market remember ?
@skyfu1, What date and timeframe are you looking at?
skyfu1 AlanSantana
@AlanSantana, you posted this before where we had ihs pattern 9th june 2018 daily chart we got hammerd like around this time i am very berish till the trend changes. Really changes
+1 Reply
@skyfu1, Ok. Thanks a lot for sharing.
Yea patiently waiting for cheap cheap prices :)
AlanSantana Cryptalion
@Cryptalion, Thanks for sharing.
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