FarmerTIm

Bears Can't muster enough support

BITFINEX:BTCUSD   Bitcoin
Hey All,
This morning has been a fun one with these heavy sell off's. Looking at BTC we are moving upside into a ascending wedge. There was a little panic going on as those candlesticks dropped off but the RSI is showing that the bears just don't have enough steam to push it out. Things still looking bearish as we get close to the double digits.
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