$BTC.X >> 4 Hr. Chart >> Technical Analysis

BTC.X >> 4 Hr. Chart >>

95000 is the next key level to hold / Heavy volume in this zone

If support breaks 92300 will be the target

Take a look at the IMACD LB Indicator / There was a Bear Cross today

Many times the Signal Line will stay below the MACD Line for an extended period of time once the bear cross occurs

Not always, but on multiple occasions

Since the Bear Cross just happened I'm thinking 95K may fail to hold and a 92K support test is on the way

We'll see / If BTC.X does dip to 92K it will likely correlate with a steeper decline for the stock market

Market Bulls need 95K to hold tomorrow otherwise the bears will likely press lower