MegaWhale

BITCOIN HEADING DOWN AFTER MASSIVE RUN!!!

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has had an amazing run in the last few months, all runs require periods of consolidation to allow more money to enter the market. I am expecting BTC price to drop to the $33-$32k range before breaking past $42k - could this be good for altcoins???

Let me know what you all think

Bearish signals - expecting drip to $33,000-32,000 range

- Failed to break $42,000 resistance
- Macd cross over to the downside
- Stoch RSI down
- Potential MA cross down


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.