b-tctrader

BTC still bearish! 10k or 8k soon?

BITSTAMP:BTCUSD   Bitcoin
So many different indicators showing the trend is overall bearish . I have been thinking it will reach 8k since early Dec and I still think it will do so. One thing worth noting however is that the MACD has crossed down below our volume for the first time since last Oct and RSI is showing overbought. This may be enough to encourage people to start buying in at 10k. We'll see some sparks at 10k none the less.
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