maulikjd91

BTC Analysis DUMP or PUMP???

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
As seen from the past few days Bitcoin is revolving around 9500$ -10200$ mark, which means is been stable in the range and also good for altcoins.

However, whenever bitcoin bounces back after the 9500 levels the altcoins get crashed badly.

With the formation of a descending triangle pattern, it more likely seems to go down towards the 8500$ mark.

But still, I see a room for Bitcoin the hit 10,000 as the money flow is in the ascending direction and on the top formation of the double bottom pattern.

If the candle closes below 9500$ the surely go for short!!!
Great one!
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