BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Over the past few days, the Bitcoin movement was between 9500-12000$ mark, which meant there can be a pump or a dump. The dump played out and now the market emotion is turned into fear.

On the top, I can see a bearish MA cross over which means it can again go down to 9500$ mark, which means more possibility to go below and fill the 8200$ gap. Further, it can create panic selling and dump up to 7600$.

Let's see how it plays out as previous I have mentioned about the dump in my Renko Chart.

Comments

Thx for sharing. Looks good.
+1 Reply
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