BTC Bouncing Along Descending Support

in bitcoin •  6 years ago 

BTC bouncing off of descending support. Just like the total market, it'll find it's support at the June 2017 consolidation when the ICO's started to go stupid. The blue half moon shapes indicate support / resistance on the descending line.

Volume is decreasing with decreasing price, that's positive.

BTC December 12, 2018 support - resistance.jpg

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So in ending........ Use critical thinking and think for yourself.

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  ·  6 years ago Reveal Comment

Ya well, just think, sometime in the future (whenever) the price will be higher than $20000 USD