TradingView
B10581923234546
Jan 18, 2018 8:40 PM

Bitcoin Bear Flags showing - Which way will it go? Short

Bitcoin / TetherUSBinance

Description

I see two possible scenarios here:
1. Bitcoin decides to drop even more down to 6k due to
- Increasing amounts of bad press
- Price Manipulation
- Fear, Uncertanty and Doubt.
- MACD about to cross

2. Bitcoin decides to rally up to major support at 14k and break through to new highs due to
- Good news for it / Large announcement
- Renewed market strength


Please leave Constructive Criticism in the comments as i am fairly new to TA

More