As the bitcoin is trying hard to find a base at a certain level , if it stays at 3500 we could see a rise up from here in the next quater as the release of bakkt futures , if it doesnt then as lot of regulations has creeped in and with bitcoin cash hard fork , we could see a further down side as the bear market still dominates .
the upside may not be near and the market sentiment seems to b negative about pricing of the coin but positive about the whole technology involved .
there will be an upside if it goes down to 3100 but the demand should exceed the supply in that case to give it a strong pull back for a long term.
the +Di is down as the -Di still running strong .
the upside may not be near and the market sentiment seems to b negative about pricing of the coin but positive about the whole technology involved .
there will be an upside if it goes down to 3100 but the demand should exceed the supply in that case to give it a strong pull back for a long term.
the +Di is down as the -Di still running strong .