PHMoneymakers

Bitcoin! Hard drop due to FUD?

BITSTAMP:BTCUSD   Bitcoin
I've never seen Bitcoin drop so hard like today! I was not expecting that at all and saw the 0.18 - 0.5 fib level as support marked on the chart. However, with the RSI potential going to pop a hidden bullish div on the 4H time frame, could we have made the low and start moving up to $51k $52+?

I remain to target those prices and depending on the reaction will decide if this is a bear market or bull market to be continued.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.