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MohamedNouri
Dec 20, 2017 8:06 PM

BTC/USD 

Bitcoin / U.S. dollarBitstamp

Description

My analysis:
A bearish divergence on bitcoin, a high probability of finding it at 13000 and maybe at the 10000
if it consolidates on the 15500 and 17000 area it has a high probability of finding it in excess of 20000.
Comments
SrujanJonnadula
What indicators point to that 13000 low?
SrujanJonnadula
Sorry repost.
MohamedNouri
@SrujanJonnadula, I based my analysis on the discrepancy between the indicator RSI and the chart
SrujanJonnadula
What indicators point to that low of 13000?
scousertommy
hopefully you are correct because that will rectify and solidify a smoother run up not sudden bumps up , sudden bumps up are not a sign of health but rather of madness on the market.
MohamedNouri
@scousertommy, yes i agree with you
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