g.grunewald

Important decision making moment

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD is currently in a decisive moment. RSI is pointing bullish tendencies, since we can perceive higher lows. The price action is looking like a bearishflag and the momentum for BTCUSD isn't good since traders are suffering from FUD yet, since last dips. In the short term we can watch another low reaching U$ 8500 and testing this support. In medium/long term, price will go higher.
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