emstar422

Short Term Dip

COINBASE:BTCUSD   Bitcoin
Bitcoin seems to be in a bit of danger zone. Looking for a dip to the 6800-7100$ mark based on the long term and short term trendlines. Notice how it keeps getting rejected by the daily EMA's. If it breaks 8800$ today look for a downward move passed 8300$. One thing to keep in mind here is how close the 20/50/200 EMA daily's are. If the 50 day breaks the 200 day it will spell very bad news for bitcoin. I was long a few weeks ago too but things have changed with this latest bout of FUD and tokyo whale news. Good luck crypto junkies!
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