BitcoinUpdated Bitcoin Oracle - next possible moves
USD14k resistance retest most likely failed!
We have one (semi) BULLISH trend indicator:
Seems MACD signal line wants to cross up again in the next day or so.
Another NEUTRAL volume indicator:
RSI lingers almost in the middle, seems volume can’t decide and will stay like this until large orders/moves are coming in.
BULL scenario sees bitcoin break through USD11.5k resistance levels and possibly up to USD13k, building support around 11.5k again to launch another resistance attack sometime end of July.
BEAR scenario will have bitcoin drop back to USD8k support levels, in 2-3 successive drops.
Great for everyone who still missed buying sub USD10k bitcoin! Can’t be that many left though.
We have one (semi) BULLISH trend indicator:
Seems MACD signal line wants to cross up again in the next day or so.
Another NEUTRAL volume indicator:
RSI lingers almost in the middle, seems volume can’t decide and will stay like this until large orders/moves are coming in.
BULL scenario sees bitcoin break through USD11.5k resistance levels and possibly up to USD13k, building support around 11.5k again to launch another resistance attack sometime end of July.
BEAR scenario will have bitcoin drop back to USD8k support levels, in 2-3 successive drops.
Great for everyone who still missed buying sub USD10k bitcoin! Can’t be that many left though.
Note
Looks like bears are winning, could be tied to libra hearing
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