Bitcoin - Downtrend continues?
Updated
Hello,
Its been a while since I posted a Bitcoin chart with details. Really busy with graduate studies.
MACD: Bearish
CTI: Bearish
Trendline: Downtrend
Volume: Decreasing
The chart is in logarithmic scale. Blue/Red lines are from a regression channel.
~DCFreak
Its been a while since I posted a Bitcoin chart with details. Really busy with graduate studies.
MACD: Bearish
CTI: Bearish
Trendline: Downtrend
Volume: Decreasing
The chart is in logarithmic scale. Blue/Red lines are from a regression channel.
~DCFreak
Note
Update:I believe either 7.7k or 8k will hold and the price will move up from there.
However, there is a smaller chance of the price hitting 5.1k as shown above, but it's still a chance.
Note
Note
Didn't fully reach target, check the new analysis posted.
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