BTC has to make a decision very soon, either it keeps going downhill with the green trendline, or it hitches a ride with the 200MA and starts moving up. If it goes down with the trendline it will be going into a slippery slope. One thing you have to learn is that everything has a meaning, and when two lines converge it may stimulate price, so be ready for it. When...
I was able to find the range that we are stuck in a couple of weeks ago. Let's continue to stay weeks ahead and let's plan for what's next. The way I see it these are the two likely scenarios:
1) If we stay around $8300 and then bounce up to retest the 200MA then we'll possibly go over it and onto the $9500 area (Which is big because that will signal a healthy...