elitealpha

BTC Bitcoin Hourly Update

COINBASE:BTCUSD   Bitcoin
Not looking good folks. If we break $8400 and $8200 doesnt hold, expect some more sell off
This Upbit and Mt. Gox FUD might have caused more FUD than anticipated
Weak hands are being shaked out, yet at the same time people want to hedge into something safer like USDT or fiat

Personally, from the last call I made that if it broke $8770, we would touch $8k
Of course Bitcoin will go up, yet at this moment. It's best to either cut your losses or hedge into something more profitable

This is just a quick up. Mainly watch for those support and resistance areas.
Candles are below the red Ichimoku cloud (bearish)

$DYOR and Happy Trading
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