Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Actualiteit
on 20/01/2018, 02:25:28 UTC
We had a 4H 50/200EMA cross down a few days ago, last one happened the 14th of 15th of september so that was a while ago. The 4h 50EMA or 1h 200EMA has been tapped 4 times with a clear rejection. IMO we are looking at a steady correction to one of the older support lines before building some real bull momentum again. However things like Tether or any crazy news can cause BTC to go ham again, caution is (for me) the way to approach BTC in these circumstances.