TheNextTrillionaire

BTC (3D) - Do you want to play a game?

BITSTAMP:BTCUSD   Bitcoin
Hey TV goers,

From the infamous movie of 'Saw,'.... "Do you want to play a game?"

Or 'Batman,'.... "Why so seriously bearish?"

Two setups I'm watching.

Bull Case - Double bottom off of the 200 MA. Break Neckline at 46'700 and look for movement to 58'000.

Bear Case - Rejected from the 200MA and support failed at 78.6% fib. Looking to test for a new low at 31'125.

Make your choice. Feel free to comment and don't forget to like.

M
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.