BTC further downside

BTC further downside

q6fQpn - BTC further downside

To my surprise the drop was extreme, RSI are way in oversold territory indicating further down side. The 4hrs 200ema was pierced, which is very bearish . BTC tested the daily 200 ema , which before I thought would be the maximum bottom. But it appears now that BTC is going to 8.5k, and can go lower to 8k. To be seen.

Published at Fri, 08 Nov 2019 16:42:03 +0000

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