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RE: [ Bitcoin ] Bitcoin had a great run last week. Are we in for a correction this week?

in #bitcoin7 years ago

Thanks for the hot tips, I'm new to Steemit and I didn't know all of that. I think we'll see a pull-back this week and I'm waiting to see how much an effect, if any the futures expiration has on the 18th. We could see a tight pullback to the 21 ema, before another impulsive move, or maybe we'll go back down to 6,8 as you say. After the 12th, I've almost given up trying to work-out what's going to happen next!

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What do you think of the Bull Flag forming?

Take a look at this post. I think @workin2005 gives the best chart analysis I've seen on Steemit.
https://steemit.com/cryptocurrency/@workin2005/bitcoin-showing-mixed-signals

Yes, the bitcoin market is crazy sometimes. Seems like you know your stuff @sandwichbill