LeMogwai

Toppish area - Seems the good time to take profit

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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3
As we can see BTC is loosing its impulse.
Market has seen a steady increase in volume for past weeks, especially on the buy side.

From this point we could still see a spike to 9k before the next major dip, higher seems unlikely yet.

Comments

Kumo on daily time-frame shows a possible bid zone around ~5400USD:


Let's see is this crystal ball is going to work =)
+2 Reply
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