RE: Bitcoin (BTC) Mid-Day Update: BOTTOM COULD BE DONE!!! $26,440 Short Term Target!!

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Bitcoin (BTC) Mid-Day Update: BOTTOM COULD BE DONE!!! $26,440 Short Term Target!!

in bitcoin •  7 years ago 

I believe this is the correct interpretation. If you combine the chart with the 1 hour MACD across virtually every coin, you can see signs of bullish exhaustion, and some kind of a downward move seems imminent

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7 years ago by

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      ·  7 years ago 

    Agreed. The MACD on LTC ETH and BTC is indicating a down spurt. Not sure how low but at least a dip from where it is at.

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        ·  7 years ago 

      Yes. The upward move that some called 'vigorous,' wasn't at all, it became weaker and weaker.
      We may see the 8000 yet. Silent night everybody !

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