dsgorthy
Short

Bitcoin (BTC) MA Golden/Death Cross Analysis (Part 18) --> +41%

CEXIO:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin ( BTC ) has been on a long bear trend here, and from the looks of it, I don't think we've seen the end of it. Breaking $6k since our last big drop was certainly not what we were looking for in terms of gaining against USD. While we did cross our MA earlier today with a short rally, I'm setting our buy at $6,700. We're very overbought right now and I do expect a pullback down to the low $5,000s in the next few weeks.

Segment 10
  • 06/20/2018 - BUY $6,700
  • 06/22/2018 - SELL $6,500
  • TBD - BUY TBD
  • Beginning ($): $14,600
  • Ending ($): $14,100
  • Beginning ( BTC ): 2.18
  • Ending ( BTC ): TBD

I'll be buying if we do cross $6,700 if I am wrong here, but I'm short for the time being.

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