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cryptoslurpy
Dec 30, 2018 4:33 PM

BTC DROP LIKELY OVER THE COMING WEEK Short

Bitcoin / United States DollarCoinbase

Description

BTC is likely to take another dip. We will possibly hit 2.5k soon.

Comment

We're one day off the possible 33% decline which turned out to be a pseudo signal. BTC has had some good suppport. Holding steady in the mid bollinger band, seeing a slight spike above 4k. RSI on the hourly chart shows we are currently overbought, as we correlate that with the day chart we're seeing a slow down in buying. I believe we're still bearish it's just a matter of time before the convergence takes place. Let's check back within another 10 days and see where we are.
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