BTC Update

1 thg 2, 2018

BTC took another hard fall between last night and this morning. Old resistance had become support and we have now fallen through that. Ma's are very underwater, Macd is also extremely bearish. RSI is oversold so we could see a bit of a pull back but overall there's no clear sign of this reversing yet. Next main support is 7k but there will be heavy physiological support at 8k. It's proven that even numbers act as physiological support so for BTC every $500 and 1k mark always have the potential to have support. I hope everyone has listened to me over the past few weeks and kept some fiat to buy these dips!