RE: BTCUSD Technical Analysis UPDATE @ $6912 - Feb 6th 2018

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BTCUSD Technical Analysis UPDATE @ $6912 - Feb 6th 2018

in bitcoin •  7 years ago 

Thanks for the analysis.
Hopefully BTC can find some support here. It's interesting how BTC and US indicies have moved the same way the last week and a half. Points to buying of USD as the driving force for the drop. Since the USD is overbought atm there is hope for a retracement ino.

bitcoin
7 years ago by

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      ·  7 years ago 

    Good point! I should have been thinking about that. There's a lot of USD floating around there now. Hopefully, some of it finds its way into this market.

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