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Whats up with BTC?

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Published: 09 May 2018 › Updated: 09 May 2018Whats up with BTC?

Whats up with BTC?

A story that ranges between 9850 and 8850 .

For the past 16 days, Bitcoin has been trading in a range between 9850 and 8850 USD! This is an expected phase after a price correction! At this point, Stochastic indicators tell us nothing, neither on the Monthly, weekly, nor daily charts since the range is dominant and all stochastic curves are semi-flat! One thing to watch for is a breakout and confirmation above the 9850 level or below 8850 level! This is what it is at the moment! anyone trying to predict movement , is purely guessing!

How to make some profit in a range? sell as USDT at around 9850, and buy BTC again at around 8900.. thats 900 $ in between if you got the balls for it.. and of course, if you manage your limit orders properly!

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Screen Shot 2018-05-09 at 4.51.11 PM.png

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