Alt

Bitcoin Short Term Bottom Coming

BITFINEX:BTCUSD   Bitcoin / Dollar
Looking at the indicators that I use and the chart for Bitcoin I am still bearish and don't think the bottom is in. However I expect some kind of bounce of the $210-200 level. There are a few reason for this but the main ones are the RSI i s nearing resistance on the multi month trendline down. Also MACD is extremely oversold and there is a pocket on the volume profile that might need to be touched around $250. I would not be surprised if we touch 250 and get rejected.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
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