BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As you can see in the above chart the situation is still uncertain, after a bottom done on the second support line of my Kama indicator (using as volatility factor 20 instead of 10) this market has had a violent reaction from the support. The situation for me remains flat waiting for btcusd to return above 11 thousand dollars confirming an upward reversal.
If a long term low is in, i've to admit that it looks a bit high to me compared to where the support lines of my bitcoin price model version 1.1 are located.

Comments

Thank you for the update, Enky! Appreciate your time and free analysis. Nice chart. Let's see if your Kama avg. support line 9180-9200 holds.
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MA100 MA100
Looks like Kama avg. support line 9180-9200 is gone. Wait for daily close. So your bearish scenario for 5K region is not off the table yet.
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ft-73 MA100
@MA100, nut sure, but i guess Kama avg. means neutral market.
A bit under or over means little difference.

I stand corrected though.
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