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YMI
May 13, 2018 7:03 PM

BTC Analysis 

Bitcoin / DollarBitfinex

Description

My current thoughts on BTC is that we are retesting $8800 resistance as well with the 200 EMA(red) and 50 EMA(green) which will act as additional resistance. Following the retest I am expecting a push lower to the $7800 region. With a final move down to $6500 before entering the bull run early June. Just my thoughts, always open to hearing opposing views

Comment

Although several times wicking above the $8800 region. I still see a short term bearish bias for BTC. Im watching fro the $7800 level to be met within days.
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