TradingView
acdmbe
May 23, 2018 10:29 AM

BTC nears Vital Support - Where next? 

Bitcoin / United States DollarCoinbase

Description



Keeping the chart simple - Looking at vital support for Bitcoin

We have tapped the 50 ma on the Weekly chart once before. Will it support the price or are we heading down to retest $5800 low of February?

Satoshi for your thoughts?

Comment

As long as the close of this week is above the 50ma then everything will calm down. However if it closes below then its squeaky bum time.

Comment

Squeaky bum time
Comments
ilkygul_
Buy the dip!
acdmbe
@ilkygul_, Absolutely agree with your sentiment. I like to buy into upwards momentum tho.
ilkygul_
Don't have time for bum time
acdmbe
@ilkygul_, fingers crossed we wont have to.
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