Bitcoin Update Short-Term ($9.6K Still Possible or $9k?)

12 июл. 2020 г.

Our first target for Bitcoin (BTCUSD) has been hit at $9350+...
Can $9600 be hit next or will it move lower and hit $9000?

This is an update to our previous chart...

As soon as ~$9350 was hit we had a strong rejection for BTCUSD.
Prices moved below MA200 to produce a low volume bounce...

Seeing the chart as it is now, it is likely that prices will move lower as shown by the red arrow...
This is all "noise" when it comes to the bigger picture.

Bitcoin (BTCUSD) continues sideways...
While Bitcoin goes sideways, the Altcoins continue to grow.

We do have experience so our focus remains on the altcoins.
This is a reminder to our readers and followers...

Thanks a lot for the support.

Namaste.

P.S. Monday will give us a better idea as to where prices will go next.

13 июл. 2020 г.

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Update:

13 июл. 2020 г.

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Looking good... I will share a higher timeframe to see how things will go for Bitcoin this week.

Thanks a lot for the continued support.

13 июл. 2020 г.

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