BitcoinUpdated BTC market 2.0
It is very hard to predict the cryptocurrency market.
Alot of traps and TA is almost impossible at most of the times.
My first thoughts are we are in a trend reversal (going to a bear market)
solo because we crossed the 200 moving average.
Still in mind that this is not the real stock market and so volatile that we might
see a huge run up back to normal.
let's wait and see what happens; still nog buying in untill BTC goes back up the 200 ma
and i see a serious crossing on the macd
Also i would like to see the 20 and the 50 ma cross aswell.
good trading.
leave comment and tips ( i'm completly new to trading and TA-)
Alot of traps and TA is almost impossible at most of the times.
My first thoughts are we are in a trend reversal (going to a bear market)
solo because we crossed the 200 moving average.
Still in mind that this is not the real stock market and so volatile that we might
see a huge run up back to normal.
let's wait and see what happens; still nog buying in untill BTC goes back up the 200 ma
and i see a serious crossing on the macd
Also i would like to see the 20 and the 50 ma cross aswell.
good trading.
leave comment and tips ( i'm completly new to trading and TA-)
Note
@ the 4 hour chart it seems that macd is getting closed dohNote
If It drops even further I see 3K in a week
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