BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Thinking BTC's next moves will be something like this...

If we break the current trend line I think we will drop between $8500-$8200 (maybe lower) then back up to re-test to the major resistance line. We have already touched the major resistance line 5 times I believe, which makes it pretty weak and susceptible to be broken completely. If bulls cannot make the push, we can drop below $7800 and possibly be in a re-accumulation phase with a loaded spring to retest or distribution phase to drop to the deaths of hell of the current downward trading range we are in.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out