Bitcoin Short Term Bottom Coming

BITFINEX:BTCUSD   Bitcoin / U.S. 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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out