FUNTRADER-Vera
Short

BTCUSD: 5800-7800 as a possible support zone

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Traders,
Btcusd made itself hit 7600 once.
Taking the trend line into consideration, the bear is still there.
Btcsud will still drop down to touch 5800-7800 zone.
After that, BTC could stop dropping if sideways movement
ABC wave appear to break the trend line .
Less is more!
Comment: btcusd hit our red zone.
Comment: lower low or target is 6000.
Comment: btcusd looks like going to follow the lower ABC.
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hi Vera ;) is this trade active? btc going to C now?
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She's an absolute star!
Lile this to share your love :)
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so you expect another retrace to 6K level (B) and after to 10K level (C)?
Thanks
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@Danielkh, pls check the updated one.
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fehimsahan FUNTRADER-Vera
@FUNTRADER-Vera, I still don't understand.
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It's just went under $6000
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thanks vera :)
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Is it possible for BTC to go down to 6000 $ now?
+2 Reply
chadzi1 ZgarniamHajs
@ZgarniamHajs, depends on the outcome of this conference on the 6th then we will see where the market will head from there

https://www.cnbc.com/2018/01/10/us-senate-to-discuss-bitcoin-risks-with-top-markets-regulators-source-says.html
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Wow amazing analysis....
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