SIGPokerKing

BTC breaking 8 hr support

BITSTAMP:BTCUSD   Bitcoin
BTC was holding above 8 hr until earlier today, but now it seems to be slightly breaking down. Volume seems very light, but this could pick up later tonight as Asia comes fully online. Wouldn't take much volume to move this in either direction.

Michael Saylor, CEO of Microstrategy, has his BTC teach-in conf on Mon-Tues with over 2000 people signed up, so I suspect we'll see lots of chatter over the next few days. As most of you know, Saylor is incredibly bright and has a very rational and convincing presentation. He gave a preview of it on Wed to accredited investors in Grayscale funds, and while I was not the call, I've been told he presents was really informative and bullish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.