Post Crash Bitcoin Analysis - January 20, 2018

in #bitcoin7 years ago

Bitcoin Chart Analysis January 20, 2018

We have initial indications that the bottom is in- as long as the 100 day simple moving average (trending blue line @10,500 ) holds - pressure remains up.

In terms of wave patterns - we have what appears to be a completed C-wave of IV down - either setting up for a 5th wave up or another series of 1-2's.

spinning-bitcoin.gif

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