astronautdotgg

Bitcoin - Sideways Movement

COINBASE:BTCUSD   Bitcoin
Following up on a chart that I posted the other day. Right now we are seeing some sideways movement between $12,365 and $11,437. These levels are holding pretty well. I was a bit worried when we rejected the 0.236 line, however we did also bounce on the 0.382. Bollinger bands seem to indicate that there isn't a lot of volitality right now as we experience this sideways movement. On the bright side, this could be helping our altcoins gain some more satoshi value over the next few days. Keep an eye on these levels and let's hope that our next break will be in the upwards direction.

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