KLYP_Investment

Bitcoin Crisis (4h)

BITFINEX:BTCUSD   Bitcoin


After finishing big downtrend since oct. 2015, when bitcoin meets a crisis for each time, we can see candles move horizontally around EMA 633 and be supported by that.

For example, as you can see in the left red box, the time when Bitfinex get hacked in august 2016
and sudden big downtrend by China in January 2017
and the last one is nowadays because of rejection of ETF and negative issue of bitcoin hard fork i guess.
And also this time we can see candle is supported around 980~960 dollars with EMA 633.

Let's wait and see whether this area would be broken definitely or not.
Comment:
'We can get an opportunity in a crisis and vice versa'

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