AndrewParkHubbard

We Broke out of the Bear Flag!

BITFINEX:BTCUSD   Bitcoin
With the flag pole, we have a potential to go as low as 5900 which coincides with my goal buy in. I think we will hit some support on the way down around 6425, but the RSI on the daily shows that we have more room to move to the lower side before oversold. A lot are posting that we will go much lower, maybe around 2000-3k area, and that may be the case I just don't see it in my opinion with other reasons other than just TA.

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