The stage is set for Bitcoin (XBTUSD), the signals are looking short.
We've been having sideways consolidation with bearish tendencies, this scenario can continue.
We are looking at Bitcoin range trending while slowly moving lower.
At any time, we can have one of those shakeout moves to remove SHORTS/LONGS, but Bitcoin remains strong while trading in the $8600 - $10000 price range.
As long as we remain on this same range, you can look at the altcoins for big profits and gains.
What's your take on where Bitcoin is headed?
Namaste.
We've been having sideways consolidation with bearish tendencies, this scenario can continue.
We are looking at Bitcoin range trending while slowly moving lower.
At any time, we can have one of those shakeout moves to remove SHORTS/LONGS, but Bitcoin remains strong while trading in the $8600 - $10000 price range.
As long as we remain on this same range, you can look at the altcoins for big profits and gains.
What's your take on where Bitcoin is headed?
Namaste.
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