moker-X
Short

UPDATE - 220 finally broken, Bitcoin heading for 200

BITFINEX:BTCUSD   Bitcoin / Dollar
Finally, after a couple of days of sideways action bitcoin price broke to the downside, breaking 220 and causing a mini panic sell off. The price touched 213 and hasn't seen any decent recovery, which makes me think that there will be a continuation of selling which will take us to 200 (or even a quick dip sub 200).

After visiting 200 I think we might see a little rebounce just to test the 220 resistance, which will not be broken. From that point forward I think we will see some more sideways action, with a slow-motion fall towards 200 again. Things will eventually speed up as we approach the previous bottom of 165.

next wave of selling about to begin. target +/- 205. After that a bounce with some sideways action for couple of hours, before dipping sub 200.
Reply
Still waiting for target +/- 200. The delusion is high, this is why it is taking so much time. I think people have no idea what is coming the next weeks, and almost nobody is expecting sub 200 prices again.... Lets see...
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out