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preying_mantis

Bitcoin (BTC) Short Term Weakness

preying_mantis Updated   
BITBAY:BTCUSD   None
Support and Resistance Moving Averages Multiple Time Frame Analysis Cryptocurrency Bitcoin (Cryptocurrency) bitcoinforecast
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supportandresistance movingaverage mtfa cryptocurrency bitcoin bitcoinforecast
RSI continues to show weakness for Bitcoin. I think we will see another corrective move to test the 100 day EMA. If that breaks, I expect a test of support where the 200 day EMA lines up with support zone near 40K.
Comment:
Still waiting on a strong bounce for BTC. I think it could still test 43k.
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