Bitcoin Technical View 07.12.2018

Bitcoin News

The bitcoin move is making people feel like they are in the hell being cooked slowly, as time goes by.
Fortunately we see some key tuning points making us feel that bitcoin will not be reduced in its price much further than $2500-$3000 because of the BIG support of $3000 level.
There is another important factor which is the divergence on RSI, showing the start of the uptrend coming very soon and it will be supported with the key support level of $3000 level.

As soon as it starts moving up, the first stop should be at the level of $6000 and the next one at $9000.

Even the market is “crashing”, we keep buying like never before, as banks are doing .

We will never see those levels again.

Best of luck!

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