hugh.gill
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BTC MAKE OR BREAK TIME!!

BITFINEX:BTCUSD   比特幣 / 美元
BTC             is currently in a consolidation pattern and tightening range. Historically BTC             has used the 100-day MA (moving average) as support which it has now broken but still tethering around this level.

The Weekly MACD is just about to cross BEARISH which gives us a bear signal :(

BUT

What we need to see is BTC             tighten up over the weekend to a point it has to break. We need to confirm the daily MACD Bull Cross and defend the Weekly MACD Bear CROSS.. This break will determine the trend for BTC             going into 2018 in my opinion.

If we break Bearish i think we will see a test of the 200 Day MA which will bring us into the NEW Buy Zone between 8500-7500 approx

LET HOPE THE BTC             BULLS SHOW UPP!!! :)

Keep a CLOSE Watch I will be..

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