cpedersen90

No Signs of Bottom

BITFINEX:BTCUSD   Bitcoin
Good evening,

It looks like we may be going lower soon, a bear flag is setting up on the daily, and we are not able to get above the 10 EMA. I believe we will be seeing the 5K range soon. Hopefully we see a lot of buy volume come in at that price which may signal a reversal, until then unfortunately the bears are in control.

Happy trading!
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