JarrodPlotnick

BTCUSD 2/1/18

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COINBASE:BTCUSD   Bitcoin
BTC finally dips below the 200EMA (all the way to $8400) wiping out stops and then climbs back up to close right above it.

Not a strong enough bounce. May need to test even lower. But also a flat bottom kumo and the price tends to attract to that like a magnet. We shall see. The next 24 hours will be interesting.

As long as we close above the 200EMA on the daily again we're still bullish. Fingers crossed.

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