tinusbotha

BITCOIN almost perfect pullback

BITSTAMP:BTCUSD   比特币/美元
This pullback on Bitcoin             is partially or mostly due to the bitcoin             fork being canceled however the time was near either way. Bitcoin             will either bounce of 21 day moving average otherwise another strong drop is expected to hit at least the 50% fib retracement level creating a perfect long opportunity. The MACD confirms that BTC             was overbought and it just shows that crypto markets also follow the rules.
looks like a classic macD sell signal... thanks for sharing !!
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