mycotoxin

BTC Bouncing Between 5800 and 5600 then moving to 7565

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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BTC Bouncing Between 5800 and 5600 then moving to 7565

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You've tossed in the towel on the right shoulder then? Why if we've already tagged the lower support line does Bitcoin need to tag it again? Shorts just won't let this go, there's just not enough buying pressure to carry us past the resistance points, unless we go lower, so it seems.
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mycotoxin Jrdelane
@Jrdelane, not really given up on the H&S, but its not really a necessity as both the H$S and the Adam and Adam would end up back at the same point , which is 6800 .
.if either of the can breach 6800 then we can see 7500 .
ideas of dropping lower will be to get more buying pressure which is why im hinting at 5800 as a turning point to suck in more buyers.
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