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BitcoinMacro
Nov 10, 2017 2:01 PM

The dip 

Bitcoin / U.S. dollarBitstamp

Description

I bought some dip. Sorry for the late chart, but I am trying my best.

Even as bitcoin fan, this correction was expected and we even expect on lower, but for the time being, this is a good short term buy. Those who are following me should had seen me call for pumps on altcoins. I called the BCH and ETH, an explained why selling alts when BTC is at a top, is a bad idea. I hope you enjoy your alt profits.

However, bitcoin is 10-15% below its tops, so it is a good buy. Many BTC charts log and normal, show that there is support in this area. The TD indicator (hourly) has just had a complete 9 countdown and my beloved RSI indicator is oversold.

Comment

Comments
kaylbee
Do you think the CME introduction of Bitcoin futures will stop Bitcoin from correcting?
BitcoinMacro
@kaylbee, No. I saw support, an hourly oversold and TD buy opportunity. That's all.
PerfectChart
Really ? no dude .
lakmuz
LOL
hackthebull
crypto_newton
Good luck
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