btcdrak

The last battle of the Samurai

Short
BITSTAMP:BTCUSD   Bitcoin
5
Not looking hopeful for the rest of this year, $200 as the new ceiling looks like a real possibility. Maybe 2016's halving will bring some relied if Mike and Gavin haven't #rekt all credibility in Bitcoin by then.

$215-220 looks like the last battle ground for support this year. Sideways is always possible but doesn't seem likely given the EMA which shows the bitcoin bubble was really just one move that topped at ~$1150.

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.