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BTCUSD ON 4 HOUR TIME FRAME

Panjang
BITFINEX:BTCUSD   Bitcoin
The BTCUSD pair on the four hour chart has broken the uptrend trendline support and dropped in price from $6433.70 down to $6110.00. This is an area f resistance that I had predicted earlier today.

Bitcoin has so far lost 3.64% to the Dollar and largely due to the news events in the United States over the past week and in particular yesterday.

the (MoM), (YoY), Non-Farm Payroll, PMI all being positive readings.

from this price or bitcoin value its a buy order as analyzed earlier in the day

Penafian

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