Coinamic

Bitcoin ghost projection to May 5th

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BITSTAMP:BTCUSD   ビットコイン/米ドル
Despite the last swing trying to break the last big head and shoulder, the price seems to be declining after the 200 EMA breakout to the downside on the 4 hour chart. We could easily test again the neckline and touch it at around 8.5k, but let´s see, even if we touch it the chances are still to resume the downtrend due to the bear flag confirmation on the 4 hour chart.

I made a ghost project to where it could be a nice level to make a good profitable entry at around 6k.

Good luck!

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