We made yesterday a analysis on BTC/USD, the chart is really volatile.
He hit the 42.5 as we mention, now i expect the price to go back to 50K because we have a bullish divergence on MACD indicator. Don't forget that 10k, 20k, 30k, 40k, 50k ..... 100k are psichological levels (verry important). I think that price will move from level to level; from 50k to 40k.
People: And when it hit 40k, what we do? Me: Look for trends and important levels. :)
Tell me what you think.
Good luck!
He hit the 42.5 as we mention, now i expect the price to go back to 50K because we have a bullish divergence on MACD indicator. Don't forget that 10k, 20k, 30k, 40k, 50k ..... 100k are psichological levels (verry important). I think that price will move from level to level; from 50k to 40k.
People: And when it hit 40k, what we do? Me: Look for trends and important levels. :)
Tell me what you think.
Good luck!