AlanSantana

Bitcoin To $43K & Possibly Lower

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Yesterday Bitcoin closed below EMA10 after a lower high, this is bad news based on my EMA analysis.

We are sure to hit EMA50 or much lower, EMA100 ($36000) if BTCUSD closes today (4-March) below $47800 or EMA21.

Conditions for change
Any close below EMA10 would be strongly bearish , to see change, we would have to see prices moving up and closing above EMA10.

Indicators
The RSI and MACD both support lower prices.

The Altcoins are growing while Bitcoin corrects as we mentioned... Thanks a lot for your continued support.

Namaste.

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