sebastian.soik

BITCOIN 4H - med term technical analysis

Long
BITFINEX:BTCUSD   Bitcoin
11
Bitcoin's price moves within shown borders. Turning points are perfectly technical.

Next estimated turning point will be around 3019 USD maybe already at 3k psychological border.

The next major dip is expected for the area around 3,2k USD.


Market Situation:
- SegWit is likely to be implemented soon
bitcoincore.org/en/segwit_adoption/
- High base volatility because of the "Flippening" phenomenom.

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