Bitcoin pushes beyond $4100 in late day trading, consolidating for a move to $4300.

in bitcoin •  7 years ago  (edited)

There is potential for a drop to $4020 for aggressive bidders and $3975 for conservative bidders.

4-hour chart

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We've been in a down trend since the 17th of August. I would not be surprised if Bitcoin continues to fall. $3500 and below would be an amazing reentry point!

i think the low is in, but in the intraday could drop to 3900 before going higher

Looks like you are right!

I am still hoping the trend from the all time high remained in effect. In the overnight, I didnt get a chance to load up on more. The mid 3000s would be a nice range to paint again.

that buy support looks very strong but things can change quickly. i am thinking it has legs for 4300 after some time to breathe