BTC bearish, more downside.

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 23, 2018 10:47 AM

BTC is currently in a downward channel and looking to retest 10k. Its also consolidating into a bearish wedge at the moment. Im predicting a bounce near or around 8K. Watching carefully as it approaches the resistance again.

Comments

themomentum

⋅ Jan 23, 2018 11:19 AM

So funny everyone callingg for 8k so many people are expecting those levels that is won't happen lol buying at 9k

dumbluckdev

⋅ Jan 23, 2018 12:13 PM

@themomentum, Ill be buying at 9k as well but thats just temporary as I do see this testing 8K before it becomes bullish again.