BTCUSD medium term price analysis

statickw (25)in #bitcoin • 7 years ago

Even though BTC successfully break previous all time high, but it does not have bullish momentum. Currently price break through the uptrendline and looking to break 16000 support. Once the 1H candle closed below 16000, bearish momentum will take over bitcoin then we will monitor how far bitcoin price will drop to. So it is not recommended to buy bitcoin now but wait patiently. Opportunities will eventually come

#btcusd #btcusdt #cryptocurrency #analysis

7 years ago in #bitcoin by statickw (25)

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steemitboard (66) 7 years ago

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tombort (50) 7 years ago

Nice start! You can check my analysis here

Welcome to Steemit!

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dtubix (38) 7 years ago

Interesting
I will follow you to see your future posts!

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steemitboard (66) 6 years ago

Congratulations @statickw! You received a personal award!

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steemitboard (66) 5 years ago

Congratulations @statickw! You received a personal award!

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