Nezah

Neutral point established. Crypto-Vegas mode for now

BITSTAMP:BTCUSD   Bitcoin
Bitcoin currently in no-man's land. Breaking bear from here would confirm the bear flag established from the last 5 days. Meanwhile, breaking bullish will require a solid close above $12,000 to get out of its "funk".

Buy-the-dippers have a support line between $7,000 and $8,000 - otherwise - see "Lots of Bears" on RSI chart.

Would sleep on it. There's no opportunity here unless you want to roll some dice. Welcome to crypto-vegas baby.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.