dimpledbrain

The conceptual framework for a man's search for meaning

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BTC

January 8th, 2020 by dimpledbrain

  1. From the last BTC post, the price was around ~USD7300
  2. I said it looks like it is turning down
  3. It then went down to a low of ~USD6400 although it did so more precipitously ( I said it would probably turn down in the next 1-2 months; it just took 1/2 month, give or take)
  4. It then blasted through the resistance line of ~USD7,700
  5. So what are the new levels to watch
  6. At resistance, it could potentially reach for the USD9.5K line, while support is at the USD7,700 line
  7. Let’s revisit this in 1 month’s time

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