BCCgroup

BTCUSD - Bouncing On The EMA 34 line (For Now)

BITSTAMP:BTCUSD   Bitcoin
A huge drop in the price of BTC today, but it wasn't ready to go that low yet and bounced back up. For now it has found support on the EMA 34 line, but for how long? I think we will still see a drop to 5100-5200, hitting oversold, before making a bounce back up (10K??).

Let me know what you guys think in the comment section below and if you would like, you can leave your vote on this twitter poll:
twitter.com/BCCgroup...s/929375344985075712



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