Money_Dictators

BTC/USD trade in consolidation zone

Money_Dictators Updated   
BITSTAMP:BTCUSD   Bitcoin
Howdy Traders,

We can see that Bitcoin has been trading in a range for several days. This means that the buyer and seller are satisfied within this range. Bitcoin tried to break this range but failed and it was a fake breakout and many buyers were trapped in this breakout.

Looking at this fake breakout, I feel that the market may go down a bit.

Target: 30961, 30800, and more,

Thank You,
Money_Dictators
Comment:
30800
Comment:
New low 29961.

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