Possible areas of interest $4.5k & $2.4k

Possible areas of interest $4.5k & $2.4k

Bitcoin / Dollar BITFINEX:BTCUSD


This chart is drawn using a log scale & shows a hidden support line with convergence at $4.5k. Failing this the 200 week MA may ultimately kick in at $2.4k.

I personally wouldn’t short it but look to buy on the deepest dip possible.