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Yearlylows

Final Low of the Year? BTC/USD : Minority Venture Capital (MVC)NEW DAILY CLOSING SWING LOW ^Says it all. After not having enough strength to even reach the death cross of the 50 SMA over the 200 SMA, BTC is back down testing its lows. I think it's very unlikely that the ~30k area will hold the price up for a fourth time. With the 6th day of 9 just beginning on TD Sequential count, I'm looking for a 9 buy and reversal in the mid/high 20s. If this comes to fruition, I believe that there is a high likelihood that it would be bottom for the year. However, if the 9 comes and we are still floating around the 30k mark, I doubt it will turn into any substantial bull run.
INDEX:BTCUSD
by linde