TradeTheStructure

Bitcoin back down near support so is it going to base??!!

BITSTAMP:BTCUSD   Bitcoin
Bitcoin was been hit down lower after buyers could not push prices higher through 12230 and ended getting squeezed out of the action on the break below 11000. Price now needs to hold the longer term MA and build a base around current levels before convincing buyers to have another crack at a another run higher.

-------------------------------------------------------------

WE TRADE WHAT WE TEACH

Check out our recent Live Streams from our profile page!!

-------------------------------------------------------------

** If you enjoy our free content, please support and follow our profile, by hitting the Follow button to get further high quality ideas. **

** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated **

** With quality alerts and correct Risk Management, you can learn consistency and grow your account **

** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. **
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.