Bitcoin
Short
Updated

Bitcoin 5000$ ?

177
Overview of #Bitcoin BTC/USD 07.09.18

Bitcoin is going through hard times, at the end of the day the bulls showed weakly taking only 6500$.
It is very interesting how the price will lead in the area of 5800-6000$, I expect from this zone a small correction after which the price lows will be updated.


If you look at the chart globally, we will fall to 4500-5000$.
Note
Expecting correction at 5800-6000$ zone to 6200-6400$
Trade active
The higher the timeframe, the stronger the signal.

The week ended at 6135 $. A bearish pattern was formed, the bulls are very weak, they could not even hold onto the level of $ 6,400.
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.