BTC Price update. Bears exist

in #bitcoin7 years ago

Bitcoin 1.14% bounce off from support from 10k reaching 11.5k. this was a test to break the resistance however it is likely to fail because RSI is already over brought and volume is slightly decreasing. we might see Bitcoin 1.14% testing support again. Btc 1.14% is still in downtrend as it failed to break the pattern, and the bounce was likely a dead cat one.

This is a clear bull v/s bear fight.

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Update : Price remains in decisive.

This bull v/s bear fight: I wonder how long it can last in this relatively narrow range? Months?

I don't think BTC would be ready for another bottom test at 10k