BTC/USD TA

in #cryptocurrency7 years ago (edited)

In my view, BTC has done its act by now and all the fear and excitement has already been priced in. BTC hesitated to overcome its all time high @ $2900 (xBTCe pricing) and currently retrieving back to support provided by all three upward looking major 1D WMAs (13,34,89). The daily close below $2653 will spell further drift below to 34 and 89 WMA ($2430-2495) that should hold unless, of course, a black swan event happens out of the blue.
https://www.mql5.com/en/charts/7412989/btcusd-d1-fxopen-investments-inc