#1 Tether under subpoena. FUD on the rising. Although Tether capital represent a mere under 0,5% percent of the entire industry. It contributed 48,8% of Bitcoin price mid 2017 bull.
#2 continuing government intervention. Which calls for stability, but it also calls for bear during the transition.
#3 200 MA & undervalued RSI (broken or reversal, and it will be very strong) the last support. 0.618 fib broken.
#2 continuing government intervention. Which calls for stability, but it also calls for bear during the transition.
#3 200 MA & undervalued RSI (broken or reversal, and it will be very strong) the last support. 0.618 fib broken.
Trade closed manually:
Clearing ideas.
#2 still a concern to be considered.
#3 1hr chart respected the RSI trend line. 1hr volume is astonishing
#4 If this close above the price trend line and RSI trend line on 1 day chart get respected. It is going to be a confirmed bullish.