Hello Bravehearts ,
As we can see , BTC is going down after ETFs delays till 30 September 2018.
All crypto market is waiting for that response , so I think the next weeks we'll stay in this range : 6.8k-5.8k .
This should be final bottom ,but ETFs are very important for entire crypto market and for its price for mid-term.
Now EMA 20 crossed EMA 50 , so is an additional indicator for what we'll see in the next weeks ( this year happened two times , and its durations was 95 days and 71 respectively.
We saw bulls response around 6270$ (daily chart ) , it'll form another descending triangle probably.
Capitulation , Anger , Depression , Disbelief - this chart is saying same thing .
Lower lows ( in price for BTC ) + higher lows for MACD : Bullish sign for BTC.
https://www.tradingview.com/x/im3PgRtW/
All this market wants same thing : BTC ! We'll see new ATHs for sure !
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