davec83

Bitcoin short term update

davec83 Updated   
BITFINEX:BTCUSD   Bitcoin
Char is self explanatory. We're weeks if not days away from knowing whether bitcoin will turn around or continue on the bearish trend. We are close to reaching the apex where key support (trend line) and key resistance meet. What happens here should tells us what direction bitcoin is going for the next few months.

Please do not take this as trading advice. This is simply my view on what BTC might do over the next few days.
Comment:
We need the trend line to be strong for the next 6-12hrs. So far so good.
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