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Takingcareofbusiness
23 jan 2019 16:44

BTC bearish movement in near future, looking for bottom 

Bitcoin FuturesCME GLOBEX

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Downward trend on BTC according to charts. Will still have lots of volatility in between. According to support resistance levels might go below 3K briefly between now and April.
Kommentarer
Takingcareofbusiness
Indicators showing that we could be possibly entering sideways market for BTC. Will update chart soon,
TimoOrtiz
Do you think it's going back up and what's your reversal point if so?
Takingcareofbusiness
@TimoOrtiz, I don't see any indicators of a bullish move above 4K and holding anytime soon. It might go to 4100 again and fall shortly after. Waiting for more signals to see if it will reverse and when. Strong support at 3500 as you can see from chart also.
Mer