TradingView
jassem91
Feb 15, 2018 3:48 AM

First BTC TA - Btc currently overbought 

Bitcoin / DollarBitfinex

Description

BTC looking overbought on the 4hr Chart.

I am expecting a pull back at some point.

Daily chart still looks good and i hope we can break the bearish trend but for now BTC is still very bearish and we may see another leg down. A pull back to $8500 would be healthy.

Best case scenario is 8k support holds and we continue to move sideways for a few more weeks. Creating new highs on each leg up.
More