Bitcoin has squared off all its gains which this script has accumulated in month of May till mid June. Bitcoin started it rally after breaking out from $1868 level on 05/05/2017, went up till $3000, then strted it down-spiral journey and squared of all its gain today as it is trading at $1908 level after hitting low of $1758 level.
Bitcoin was trading in range from $2414 to $2267, it broke this range two days back and have taken just two days to hit and test of strong support level of $1868 level as told before.
Now the big question, can it be bought now?? To answer this question, lets ask chart below.....
After looking at chart above, my answer is big 'no' as today's session is still in progress, though it had trading above the support level for now; but i need to see close above the $1868 level for atleast three days in a row.
With that said i am resting my analysis here.
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im brooke bro
:(
time to sell.... cutloss
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