PolarHusk

BTC/USD (Temporary Bottom? Potential Double Bottom?)

BITSTAMP:BTCUSD   Bitcoin
BITSTAMP: BTCUSD

-After the massive sell-off recently, BTC might temporarily found a support
-The 10k area is now acting as a strong Buy zone after we saw a double retest
-We can see a Bullish candle together with a big green volume
-The RSI is showing a little divergence on the 1hr time frame
-Bitcoin might be ready to test the downward trendline resistance
-This is a sign of a temporary halt on the selling pressure in the short term
-It is too early to confirm a trend reversal so, please
-Be cautious, use stop-loss in all trade, and plan accordingly

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