Crypto trader FilbFilb told his 10,000 followers on Twitter he’s long on Bitcoin, and expects the price of BTC to remain choppy for the short term.
Right now, the market is mixed, with Bitcoin holding around $3,829 after its weekend run-up to just over $4,200, followed by Sunday’s sharp reversal.
CoinDesk’s Omkar Godbole says a key indicator suggests Bitcoin may have hit a bottom as technical analysts work to picture the path forward.
Bitcoin
CoinDesk – Long-term Bitcoin price indicator turns bearish, suggesting bottom may be in
FXStreet – Bitcoin bulls fall into bears’ trap
Bitcoinist – Doing nothing in the immediate term for Bitcoin may be the wisest play
XRP
NewsBTC – XRP revisits key support, upsides remain capped
Blockonomi – Selling rallies good idea
FXStreet – Flash crash refreshes lows around $0.2982
Ethereum
Blockonomi – Key reversal could trigger more losses
NewsBTC – ETH’s u-turn sets new short-term bearish bias
FXStreet – Trouble could still be around the corner
Image via Marco Verch/Flickr
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