I have been following Bitcoin very closely during the day and it has now broken the imortant trendline. So, in my opinion, it is now more likely that we will head down to 7500 again. Here is the 4 hour chart:
See my work over at Steemit: https://steemit.com/@freeforever
Comment: As you can see, we have lost the trendline that have hold for 2-3 days and that is very negative. Obviously, we could still go up from here, and if so, we could bounce from 8000. But that is less likely.
It might sound negative to go back to this level again, but in doing this, we could make a solid foundation here and close the week at 7500 as well. Here is the current weekly chart:
Comment: Here we can see that we are not far away from 7500 at all, so this could go quick and hopefully we can begin a fresh week next week.
I will come back with an update later tonite.
Laters!
free forever qr code generator Critical Update On Bitcoin - Looks Like We Will Make A Double Bottom Now | |
| 12 Likes | 12 Dislikes |
| 269 views views | 1.74K followers |
| Science & Technology | Upload TimePublished on 4 Feb 2018 |
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