Technical Analysis for Bitcoin: Quick Update

Bitcoin finally broke down below the $3,500 support it’s been hovering on for the last 2 weeks. It dropped to the known $3,400 support and is currently trading around $3,430.

Screen Shot 2019-01-28 at 5.56.28 PM.png

Looking at the daily chart we can see bitcoin bounced right off the bottom Bollinger band.

Screen Shot 2019-01-28 at 5.56.56 PM.png

In today’s video analysis I discuss, where price maybe heading next, traps to avoid and so much more. I hope you find it helpful.

Video Analysis:


If you don’t see the above video, navigate to TIMM ( or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!


If you found this post informative, please:


Open an Account on Binance here:

Support the Crypto Ecosystem with Brave Browser:

Twitter handle is @Workin2005 and Facebook is

Related posts

Crypto Contest February 23: Tezos

Markus Aarnio

IOTA technical analysis

luis garcia

STEEM: Crossing 200 DMA?


Get involved!


No comments yet
Skip to toolbar