BTC Update

19. Sept. 2019It looks like we have substantially fallen below the trend line. This moves the short term sentiment in the bearish direction. If we close a daily candle below the trend line it will be officially violated. However, we still have one area of support that has held strong throughout the past few months. The 9500 (Green Zone) has supported this market on multiple occasions and there is a possibility that it will do so again. But if we don't see the price recover strongly in the next few days, the 8-7k zone will strongly into play.

Keep watching the market because the next few days leading up to the Bakkt launch will be decisive.