Declining 50-Day plus the $8,700 soft support could cause a bounce over $9k back toward the 200-day. If BTC finds the 200 day again we’ll likely see a Golden Cross w 50/200.
If $8,700 fails, get ready for the fall to $8k or even $7,700. Wherever we land, it will be a bounce back up to whatever level is above it.
Published at Sat, 09 Nov 2019 20:39:17 +0000