@PetrusdeCourtrai, This crap is called a trendline. And BTC is following a new one right now. And it points down to right about the 10200 range yes. This new trendline started on Sep 8th with the low around 9800 and it has been trading within those lines since then. You can see it on the daily chart clearly. Go ahead, pull it up.
PetrusdeCourtrai
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@cryptospawn, no it doesn't ? We're still way above SMA200 and EMA100 for a new trendline.
You drew a line on a map. That's all.
If you want n00bs to sell, at least give it some effort LOL.