Post
Topic
Board Speculation
Re: Bitcoin Price Reaches $8,100, a New Record High
by
coiner495
on 20/11/2017, 10:07:15 UTC
Technically bitcoin doesn't look so awesome in short term. It's overbought.

Divergence between new highs and RSI oscillator indicates that bulls are not that confident in further growth.
Small volumes of trades on new highs also means that big players are not participating in that.

Only one bad news is enough to break the balance.