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

#804
AndreSnyman
AndreSnyman
Participant

The entire market including myself thought that the alt coins market is going to jump much more than after the fork. The moment the fork happened all the alts jumped +-25%, some much more! I believed they would keep on going up. At this moment they do not know what they want.

Back to btc: If we look at the day chart it shows the picture much better. Until the trend line at 5495 breaks we are looking to trade a bull market. The chart shows divergence at 6000, but it needs to be confirmed by the breaking of the trend line! On the hour chart of this morning btc just broke the trend line!