BillCharison

#BITCOIN - Very Local Update

COINBASE:BTCUSD   Bitcoin
This update is very very local. Straight out the gate - I don't advice you to trade during weekend, the market is very unstable.

Well, firstly the priority is slightly downward now as the price can't break the $7000 psychological resistance. Moreover, the dump absorbed a big part of the recent pump, which is bearish.

Expect $BTC to reach the EMA200 (orange line), then continue the decline to the EMA100 (black line at $6500).

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