Crypto Screener Forums Bitcoin (BTC) Forecast – Technical Analysis Bitcoin (BTC) Technical Analysis – October 2017 Reply To: Bitcoin (BTC) Technical Analysis – October 2017

#617
margincall
margincall
Keymaster

Bitcoin had a great run this weekend before topping out at around 4300 and we can see that we have almost fallen back into the longer term bear trend. On the short term we are looking to see if 4200 – 4100 levels will hold as we start a new week.

I opened a short (high risk) around 4300 and will be looking to add to my posistion if 4200 – 4100 breaks.

The bulls need to get the price up to 4300 to avoid liquidation at lower levels.