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meloneusk
Jan 16, 2018 12:52 PM

Bitcoin Analysis: Tuesday (Nightmare) 16-01-18 

Bitcoin / U.S. dollarBitstamp

Description

We are seeing a huge drop in Btc price, with double-digit percentage declines taking place across the board.
BTC breaking critical support by way of a slope extending higher from May(the slope has huge significance as it has played an important role in many situations) and horizontal levels.

However the huge support is still there and this sudden fluctuation is no risk for long.
**For study purpose**

Comment

Please provide your valuable opinions. and Upvote if you agree :)

Comment

Analysis correct. Bounced off from the Huge support.
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