haakonbk

BTC DUMPS! WILL 6K HOLD?

BITFINEX:BTCUSD   Bitcoin
After a bounce on the resistance, and a breakout of the support, the btc price dumped all the way down to 5,9 levels. The price was bought back up to 6k, and established support.
The dump crossed the ichimoku cloud, signalling start of (long term) bear trend.
The godmode also gives an indicator of the oversold/overbough condition, showing a clear oversold condition of the btc price.
There is also a 5,7k resistance if 6k would not hold!
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