BTCStrategies

BTC - Testing the barrier again!

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BITFINEX:BTCUSD   Bitcoin
We could see BTC move incredibly fast over the next few days. Past evidence supports that if it can breach the blue within a week, it can make skyrocket.

Otherwise we're retracting again...


The good:
RVI and V.I. (+) are in the sweet spot for a breakout!

The bad:
V.I. (-) is too close to 1 and not giving any signs of a full recess.

Speculation: We've tested this blue region for too long as is, while gains have been made, there is approx 30%+ tied up in the long haul from the last dip to be capitlized on.
Komen:
As of this post, BTC is down 5%, we are experiencing harsh resistance.
Komen:
Welll... maximum 5%, more like 3.4% on coinbase...
Penafian

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