Bitcoin Will Jump After The Drop (Short-Term Analysis)

Here we are looking at Bitcoin (XBTUSD) on the 1H timeframe (Short-term).

• Prices are moving lower within a broadening falling wedge.
  
• Trading volume is still low so this move is yet to develop.
  
• The indicators are trending down/lower (RSI and MACD).
  

Prices for Bitcoin (XBTUSD) can drop (red arrows) before moving up (green arrows).

Multiple scenarios are drawn on the chart.

Where do you think Bitcoin is headed short-term?

Share with us in the comments section below.

Namaste.

Comment:

☘️ IT IS WORTH THE EFFORT... WHAT DOES IT FEEL?

Early in the morning today I am up at work...

Tomorrow at 5:00 AM, no, 4:00 AM...
Again, I am ready for work.

Day after day, week after week, year after year...
There is no end to it all.

The training continues...
Work is still there...
The feeling of Bliss gets closer...

Consistency is still asking for more.

The light starts to shine,
Strange or doubtful situations/feelings now feel great.

Others are recognizing the results and they are wondering if it is worth all the effort I took to get to this place.

What does it feel?
Does it feel good like most people think it does?

The feeling is amazing...
Even though the work is endless and there are many situations that are not easy to resolve...

IT IS WORTH THE EFFORT!

Concentrate on yourself 24/7...
Invest in yourself...
Take care of yourself...

LOVE... YOURSELF!

And it doesn't matter how hard your path is!

You will be happy with the results!

IT FEELS GREAT!

Namaste.

Comment:

Now looking bullish (Above MA200 / $8782 = bullish)

Comment:

Bitcoin Higher Low, Bounce In-Play | Next Target Mapped (Trade inside)

Comment:

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