Bitcoin Not Getting The Adoption It Needs Right Now!!! - Daily Bitcoin Screening: $8,465 (4hr chart)steemCreated with Sketch.

in #teamcrypto • 7 years ago

#Bitcoin, again, held pretty well with our #bear trend #resistance (acting as a #support)(green line). This line has been much more influential that I expected it would. #FUD has been tearing #BTC apart lately. We got pretty close to our next level horizontal support around $7,500 (blue line), but it's hard to say if that exactly what Bitcoin was reacting off of. As of now, we are having a nice push, but I don't see the volume behind it for strength just yet. That's what I'd be watching for. Bears are taking a break for now, but I am not feeling too bullish for the short term; however our #RSI and #MACD are looking strong. We shall see. Stay vigilant! When do you all think BTC will finally create a new high?

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#crypto #bitcoin #btc #charts
7 years ago in #teamcrypto by
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