ngupta

BTC looks destined for double bottom-test.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
With the last major dip, I predicted BTC at <5000. I continue based on observation to be bearish . RSI and MACD are negative. As the chart takes us into oversold territory, it looks like we're going to test the recent lows. I expect that these declines will take the market with it and at this time, am waiting to buy anything.
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