SpawnyXBT

Masterplan BTC/USD 12H - Will EMA200 Hold?

Kort
SpawnyXBT Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
This is what we have now.

  • Bear Point Of View
    EMA200 Holding The Price like always since the beginning of the downtrend.
  • MFI in the overbought area, Money Flow Index is similar to RSI just that has the volume weight in.
  • CboE Removes April XBT Contracts due to low volume on this product on their platform
  • April 26, Mt.Gox Trustee will announce the distribution of 134.000 BTC & 134.000 BCH
    Bull Point of View
  • A increase of 8 Petahashes in Hashrate, showing that miners believe that they would sell their coins at higher price.
    Bulls please comment below if anything to add on this list. I tried in chat, but as always got trolled.


Kommentera:

Also a point of view in Weekly Chart
With a StochiRSI overbought at maximum.
MFI in Overbought Area

Dangerous grounds. We might breakout or breakdown next week.

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