Bitcoin - 2/8/20 - Price reversal? I think so....

Shortly after I posted my last blog I was chatting with @cpufronz he was thinking we were headed towards the 10k range. I was defending my reversal position and as I was saying that the price was steadily increasing!! 🤦‍♂️This is why I made no reference of a short, more of a buy once prices go down. Finally it seems we are running out of steam. Let's check the chart...
Bearish divergence means a reversal. No need to update targets as they really haven't changed, because we really haven't gone up to much in price. I will only adjust if we go up more, which would disprove my count. Let's wait and see! I still am thinking reversal to the 8.7/8.4 range before 10k. This is not financial advice, this is my trading journal. Good luck and good day!

Posted via Steemleo