Bitcoin broke below its strong support provided by the 40 days WMA (white dotted)and it's on its course to lower $5K
https://www.mql5.com/en/charts/7885759/btcusd-h4-simplefx-ltd
BTC update
7 years ago in #cryptocurrency by srezz (48)
$0.47
- Past Payouts $0.47
- - Author $0.39
- - Curators $0.08
28 votes
- norwegianviking: $0.24
- allyouneedtoknow: $0.12
- hedge-x: $0.07
- smartonelegal: $0.00
- mindsportsio: $0.00
- coldfusion182: $0.00
- cogitoergosum1: $0.00
- silme: $0.00
- kalmon: $0.00
- bsbeers: $0.00
- hongvhvc: $0.00
- shard: $0.00
- sammy1234: $0.00
- etherio: $0.00
- easyg: $0.00
- midoz: $0.00
- mikedc: $0.00
- eth03: $0.00
- itzroyyyy: $0.00
- lilwannabe: $0.00
- and 8 more
Big mess! :)
BTC is now in a downtrend?
It is very premature to call it a downtrend. I expect this drop to be contained by the 89 days WMA with possible slight overshot down to $5148
https://www.mql5.com/en/charts/7885988/btcusd-d1-simplefx-ltd