A bear run to $8000 is slowly becoming impossible as the price tightly holds itself at $9500-$10000.
Reasons why $8000 is unlikely
1 - This will break the historic trend line means a Bitcoin trace back to even below $8000
2 - Support is stronger on the current level
3 - RSI already oversold
4- BB says market already is loud
Reasons why $8000 likely
1 - MACD pointing downwards
2- B Bands looks louds still (Not squeezed)\
3- Low volume
4- Some FUD (Tether) well maybe
5 - Pennant broken downtrend likely to continue
Trade at your own risk.
If you like my work don't forget to tip :)
Tip :
BTC -3.83% : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6
Reasons why $8000 is unlikely
1 - This will break the historic trend line means a Bitcoin trace back to even below $8000
2 - Support is stronger on the current level
3 - RSI already oversold
4- BB says market already is loud
Reasons why $8000 likely
1 - MACD pointing downwards
2- B Bands looks louds still (Not squeezed)\
3- Low volume
4- Some FUD (Tether) well maybe
5 - Pennant broken downtrend likely to continue
Trade at your own risk.
If you like my work don't forget to tip :)
Tip :
BTC -3.83% : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.