madmax58

Bitcoin getting close to crucial point

BITFINEX:BTCUSD   Bitcoin
BTCUSD, IMHO, is getting close to a crucial point (purple arrow) where price movements could get more volatile again (white arrows). Either a new uptrend could set in if the most recent red trendline is being broken otherwise the downtrend could continue if the support at ~5800 is broken. Chances are pretty much 50:50 in my opinion. What do you guys think?
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