majorlee

Bitcoin hits new ATH $8288, where next? [BTFD] 1 Trillion MCap?

שורט
BITSTAMP:BTCUSD   ביטקוין
As we reach a new fresh A.T.H of $8,288 we will re-examine BTC/USD on the 1hr Charts - we are now setting sail for the 1 Trillion mark Market Cap in 2018.....

Market Cap: tops out at $244 bn to push Bitcoin to the new highs, although the 2nd McapATH didnt create another all time high for bitcoin and now looking like it will break down

good support for alts too, in general the market as a whole is on the up

now, where does Bitcoin breakdown or will it continue its highs?

the chart reflects the downside of bitcoin if/when it breaks down, we all know a re-correction is due - checking the MA's and indicators to give us a clear signal first.

Have added the moon phases to the chart too

just a matter of time now, maybe the last major entry or so before the new year....who knows!!

some possible buy zones have been highlighted

Hammer Candle is my final shorting signal, the death cross if formed will nail this trade

happy trades!




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