Bitcoin showing deathcross

in #bitcoin7 years ago (edited)

1BF514B2-4D55-46ED-A088-7814046CD02D.png

It doesn’t look good for crypto. Bitcoin showing a weekly 5 and 10 moving average crossover. Only real support is around 7500 area. I hope I’m wrong. Who needs money, r-r-right guys?

Here is another showing fib retrace

FDEE1CA5-98FC-4D96-960A-424D44AB075F.png

Support is around 9500,which is where we bounced last time.

Sort:  

Thanks for the BTC info, I agree that were going to form a downwards wedge and btc will fall alot lower before resuming an amazing bull run :)