Matthew1972

BTC at major "market structure" support levels

BITSTAMP:BTCUSD   Bitcoin
- 200 week moving average
- Long term (log chart) support line

You may expect some support here but with the US markets about to open (and probably dump like in Europe, e.g. Dutch AEX dumped 3,4%).
Very interesting to see what will happen.
Nobody can predict.

The support levels are clear.
Will we wick below (temporary?)
Or will bitcoin show its non-corralated nature (hopium).

Cheers

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