A bear run to $8000 is slowly becoming impossible as the price tightly holds itself at $9500-$10000.
Reasons why $8000 is unlikely
1 - This will break the historic trend line means a Bitcoin trace back to even below $8000
2 - Support is stronger on the current level
3 - RSI already oversold
4- BB says market already is loud
Reasons why $8000 likely
1 - MACD pointing downwards
2- B Bands looks louds still (Not squeezed)\
3- Low volume
4- Some FUD (Tether) well maybe
5 - Pennant broken downtrend likely to continue
Trade at your own risk.
If you like my work don't forget to tip :)
Tip :
BTC -3.83% : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6
Reasons why $8000 is unlikely
1 - This will break the historic trend line means a Bitcoin trace back to even below $8000
2 - Support is stronger on the current level
3 - RSI already oversold
4- BB says market already is loud
Reasons why $8000 likely
1 - MACD pointing downwards
2- B Bands looks louds still (Not squeezed)\
3- Low volume
4- Some FUD (Tether) well maybe
5 - Pennant broken downtrend likely to continue
Trade at your own risk.
If you like my work don't forget to tip :)
Tip :
BTC -3.83% : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6