At least a little short term bounce by tomorrow morning $37500 +
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Here we go, every idea right now on TV is bearish while yesterday they were all bullish =)
Although we can definitely see more drops, after such a large sell off in crypto and equities there’s usually a relief rally so I’m playing that for the short term.
Perhaps we’ll retest the top of the descending wedge pattern by tomorrow at about $37,500 – $37,700.
Then Bitcoin has to decide if it wants to break it again to the upside or bounce down again from there. We’ll see.
