dna1434evr

BTC Drop #2

Short
BITSTAMP:BTCUSD   Bitcoin
Looking at the 200 sma on the weekly chart (light purple) Bitcoin has in previous bottoms touched this moving average. I believe we will go down to this line ($22k) and maybe just a bit lower then bounce out. You can check the history of this moving average on the weekly chart and see that is where THE BOTTOM happens. Just my opinion
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.