ravingcrypto

Bitcoin: crushed its final supportline becoming in a retracement

BITSTAMP:BTCUSD   比特幣 / 美元
Bitcoin             crushed its support line (yellow circle), which was its old resistance line (see one of my old posts) heading into a retracement. Quite some panic in the market and all lights are on red. This COULD BE, not saying it will be, a retracement back to levels between 10K and 9K. The green Ichimoku cloud could give some support, mostly with this power, course is like a warm knife through butter, although its giving support now. Positive point that its still in a bull-flag so expectation is a firm lift-off shown by the yellow arrow. Also shown in stochastic-RSI diagram. Since those wall-street junkies are in there is more tension in the market!
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