MMA_Fighter0591

Disbelief , last bear episode for BTC

Short
MMA_Fighter0591 Updated   
BITFINEX:BTCUSD   Bitcoin
Hello Bravehearts ,

As we can see , BTC is going down after ETFs delays till 30 September 2018.
All crypto market is waiting for that response , so I think the next weeks we'll stay in this range : 6.8k-5.8k .
This should be final bottom ,but ETFs are very important for entire crypto market and for its price for mid-term.

Now EMA 20 crossed EMA 50 , so is an additional indicator for what we'll see in the next weeks ( this year happened two times , and its durations was 95 days and 71 respectively.

Now we saw bulls response around 6270$ (daily chart ) , it'll form another descending triangle probably.

Capitulation , anger , depression , disbelief - this chart is saying same thing .

Lower lows ( in price for BTC ) + higher lows for MACD : Bullish sign for BTC.


All this market wants same thing : BTC ! We'll see new ATHs for sure !

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