TheCryptoBlend

Bitcoin Projections: Things Are Looking Bearish!!!

BITSTAMP:BTCUSD   Bitcoin
Hello Everyone,

With Consensus 2018 in the works we would have thought to see more bullish momentum in the market but that just doesnt seem to be the case. Yes, we are getting higher highs and lower lows but the sell volume is still very strong and we havent been able to get up and over 9k and establish support, I fear this next attempt will be our last if we cannot make it. Bitcoin is def. taking the stairs on this uptrend. :)

In my chart I've boxed the critical points I'm looking for to either short or go long. Because of the indecision and market sentiment I'm focusing on small swings in this channel as longer trades can easily result in being caught in a red waterfall from bitcoin.

If you have any questions please feel free to leave them in the comments below. You can search me in youtube under crypto hippo or join my discord channel for free daily updates on bitcoin as well as signals, news, education. --- literally everything crypto in one central location. Absolutely Free - bring a friend to gain access to premium channels for free to (147 dollar value)

Happy trading everyone, best of luck!

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.