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Bitcoin - Here's the zone I expect us to reside in for the next few weeks.
#bitcoin #btcusd #crypto #cryptocurrency #usdollar #dollarindex #vix #fearindex #thefed #altcoins
The week has ended and Bitcoin has thrown us a bit of a curveball. But should we have expected this drop? And is it a healthy sign. I am of the persuasion that it is! I feel that as long as the Bitcoin price remains above the 50/100 day moving average intersection (which coincides with a .618 Fibonacci retracement level), Bitcoin remains bullish and I, myself, will become even more of a bull than I currently am! Let's review the chart data together.
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Last Bitcoin Post and Update (non-video version): https://www.stewdam.us/p/bitcoin-fud-update-support-has-broken
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