Bitcoin Continues its bearish Movement
Bitcoin bounced yesterday, but its advances stopped at about $10,400. Today is retracing that path and is hovering below $10,000. MACD is bearish, but Stoch. is trying to make a bull transition. We have to see how the current daily candle ends.
Bitcoin may be trying to find a bottom at the bullish trendline (blue)
The other scenario is the bitcoin continue its descent to %9,000 and test the lows made in July 17
Bitcoin may be trying to find a bottom at the bullish trendline (blue)
The other scenario is the bitcoin continue its descent to %9,000 and test the lows made in July 17
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