GrantPeace

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GrantPeace Updated   
BITFINEX:BTCUSD   Bitcoin
Extreme price changes are have always been a characteristic of bitcoin as the decentralised movement continues to scale against global markets.
Institutions love extreme dips in emerging markets and this is one of the greatest dips of all time.

The RSI has experienced extreme conditions on all time-stamps and heavy volume is flowing into Bitcoin at and below $3,751.
It is almost certain that Bitcoin will experience a retracement from this level.

The Intelligent Moving Average has already crossed, indicating a bullish move for bitcoin.

Comment:
Bags are full! Here we go!

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