Jackrabbit_Trading

BTC: Whats it going to be? ...."Its all so quiet"....

BITSTAMP:BTCUSD   Bitcoin
On the weekly timeframe we still in that downtrend that is lasting for almost 2 years....

Due to ther Hash Ribbon indicator a possible buy should occur at the 28th or 29th of june. But what is going to be the bottom? $8700, $7200 or even lower to the $6300 near the 200MA.

Within a week we will know the answer....Stay tuned and I update as soon the market changes.

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