BTC/USD

[Passiontrader]

What are your thoughts? I think near term lower

 

[pashaev]

It looks pessimistic. It remains to be hoped the technical analysis is not applicable here.

 

[Enayess]

First of all I am really not sure something about that in reality and we really do need to make something better with it anyway. How else do I hope to get it going really for whatever reason. I do not believe in forex for $30000 per BTC or something like that anyway.

 

[Passiontrader]

A revisit towards 6500 probable

 

[DaveT]

Yep I think we're going down unfortunately

 

[Boyd35]

By my opinon technical analysis applied on forex market cannot be fully applied on crytpos. Major reason is that initial drivers of prices are completely different. This is why we can see such huge shifts in price of cryptos which cannot be found with fiat currencies

 

[Tahntaman]

In general, Bitcoin is a good profit prospect, but rare, which is why I would consider it a longer term asset, although there were periods when it could be used for technical analysis.
Every day is a new story...

 

[steveday76]

My favourite pair.

 

[jim67]

Bitcoin has been on a mission in the last few months with massive exceleration and then consolidation patterns

 

[Muzshura]

It was a strong level.
How was the trading session?