Kazonomics

Bitfinex Prism Analysis

BITFINEX:BTCUSD   Bitcoin / Dollar
3356 16 23
Price remains trapped between 362 & 345 for 2 trading session. Would expect to see a decisive move by 4am Est on the 24th tomorrow morning.

Moon Phase has shown New Moon and a new move should be imminent.

Bullish Scenario:
Looking for a breech of 362 to test 368 379 which will violate the downtrend we are currently in from the most recent high of 471. Key long swing levels for larger moves are above 400 for now.

Bearish Scenario:
Breech of 345 taking us down to test 316 and possibly lower to 265 which if broken would signal much more selling