AsBobbyDigital

BITCOIN (#BTC): Daily Update

BITTREX:BTCUSDT   Bitcoin / Tether
Today, We saw huge dropdown occured by bearish Rising Wedge pattern. BTC dropped down, below EMA21 and EMA50 again. It can be seen that these two trend lines are a strong opponents for BTC . We saw some false attempts to break EMAs trend lines , but the true breakthrough still did not happen.

Today's goal is to close above $7550, above EMA trend lines . Then targets at $8K and $9K are still reachable. If BTC fails again, we will have new opportunity to buy some BTC at price around $7150.

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