KaptanFantastik

Latest BTC Analysis | What you need to know

KaptanFantastik Updated   
BITFINEX:BTCUSD   Bitcoin
Hello Dear Followers,

Lets check 4h chart. Two scenarios:

Possible upwards breakout of pink triangle;
retest 200MA at 8500

Possible downwards breakout of pink triangle;
  • support 1 @ 8000USD
  • support 2 @ 7750USD
  • support 3 @ 7550USD

Do your magic Bitcoin, we are watching ;)


Comment:
Bitcoin tested each of the suppport points we shared with you. Now...

Watch the green trend line in 4h chart fellows, we are at 100 MA on daily charts! These are key support values.

Comment:
100 MA proves to be weak, now we are at 50 MA. Notice Fckr is now RED, this is against bullish run.

We can see 50 MA 100 MA traversing in the upcoiming days.


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